Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Short Interest Up 362.6% in August

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 24,050 shares, a growth of 362.6% from the August 15th total of 5,199 shares. Based on an average daily volume of 22,592 shares, the short-interest ratio is currently 1.1 days. Currently, 0.0% of the shares of the company are short sold.

Taylor Wimpey Price Performance

Shares of TWODY opened at $10.77 on Friday. The company’s 50-day moving average is $11.12 and its 200-day moving average is $11.36. Taylor Wimpey has a fifty-two week low of $9.79 and a fifty-two week high of $16.00.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TWODY shares. The Goldman Sachs Group downgraded Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 26th. Rothschild & Co Redburn cut Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Taylor Wimpey currently has a consensus rating of “Reduce”.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a leading residential developer headquartered in High Wycombe, Buckinghamshire, United Kingdom. The company specializes in the acquisition, planning and construction of new homes for private sale, affordable housing and joint?venture partnerships. With a focus on delivering quality, sustainable communities, Taylor Wimpey guides projects from initial land sourcing and development planning through to marketing, build?out and after?sales management.

Founded in 2007 through the merger of Taylor Woodrow and George Wimpey—each with roots dating back to the early 20th century—Taylor Wimpey has grown to become one of the largest homebuilders in the UK.