The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Short Interest Up 464.8% in January

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 40,100 shares, a growth of 464.8% from the December 31st total of 7,100 shares. Based on an average daily volume of 681,300 shares, the days-to-cover ratio is currently 0.1 days.

The Berkeley Group Stock Up 1.4 %

OTCMKTS BKGFY traded up $0.13 during trading hours on Tuesday, hitting $9.73. The company’s stock had a trading volume of 393,249 shares, compared to its average volume of 369,862. The Berkeley Group has a 52 week low of $8.48 and a 52 week high of $15.11. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.46 and a quick ratio of 0.66. The company’s 50-day simple moving average is $10.03 and its two-hundred day simple moving average is $11.73.

Wall Street Analyst Weigh In

Separately, Barclays raised shares of The Berkeley Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th.

About The Berkeley Group

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.