Derwent Valley Holdings Plc (OTCMKTS:DWVYF) Sees Significant Drop in Short Interest

Derwent Valley Holdings Plc (OTCMKTS:DWVYF) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 14,193 shares, a drop of 96.2% from the July 30th total of 369,869 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 95 shares, the days-to-cover ratio is presently 149.4 days.

Analyst Ratings Changes

Separately, Jefferies Financial Group lowered Derwent Valley from a “moderate sell” rating to a “strong sell” rating in a report on Thursday, April 30th. Two research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce”.

Derwent Valley Price Performance

Shares of OTCMKTS:DWVYF remained flat at $27.48 during midday trading on Tuesday. Derwent Valley has a twelve month low of $21.32 and a twelve month high of $28.00. The company’s 50 day simple moving average is $25.77 and its 200 day simple moving average is $24.04.

About Derwent Valley

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.