Short Interest in Derwent Valley Holdings Plc (OTCMKTS:DWVYF) Increases By 1,730.5%

Derwent Valley Holdings Plc (OTCMKTS:DWVYF) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 268,280 shares, a growth of 1,730.5% from the June 15th total of 14,656 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Approximately 0.2% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on DWVYF shares. Barclays upgraded Derwent Valley to a “hold” rating in a report on Friday, March 27th. Jefferies Financial Group downgraded Derwent Valley from a “moderate sell” rating to a “strong sell” rating in a research report on Thursday, April 30th. Two research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce”.

Derwent Valley Price Performance

Derwent Valley stock remained flat at $24.36 during midday trading on Friday. Derwent Valley has a 12-month low of $21.32 and a 12-month high of $24.86. The firm’s 50 day simple moving average is $23.91 and its 200-day simple moving average is $23.46.

Derwent Valley Company Profile

Derwent London PLC (OTCMKTS:DWVYF) is a real estate investment trust headquartered in London, United Kingdom. The company specialises in the ownership, development and management of commercial properties, with a primary focus on office and mixed-use buildings in central London. Leveraging a significant development pipeline, Derwent London aims to maximise asset value through both new-build projects and the refurbishment of historic structures, often incorporating sustainable design and modern workplace features.

With a portfolio concentrated in key West End and City locations, Derwent London targets areas undergoing regeneration and urban renewal.