Short Interest in Barratt Redrow plc. (OTCMKTS:BTDPY) Rises By ∞

Barratt Redrow plc. (OTCMKTS:BTDPY) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 25,025 shares, an increase of ∞ from the June 15th total of 0 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 381,717 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

A number of research firms recently commented on BTDPY. Barclays downgraded Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Royal Bank Of Canada upgraded Barratt Redrow from a “hold” rating to a “moderate buy” rating in a report on Wednesday, April 1st. Zacks Research raised Barratt Redrow from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th. Finally, Berenberg Bank raised shares of Barratt Redrow from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Barratt Redrow Stock Performance

BTDPY stock traded down $0.02 during trading on Friday, hitting $7.84. The company had a trading volume of 50,784 shares, compared to its average volume of 179,909. The business has a 50 day moving average of $7.07 and a 200 day moving average of $8.25. Barratt Redrow has a fifty-two week low of $6.38 and a fifty-two week high of $11.24.

Barratt Redrow Company Profile

Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties. It is also involved in the commercial development business under the Wilson Bowden Developments brand name. The company offers its homes under the Barratt Homes, David Wilson Homes, and Barratt London brands.