Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Shares Shorted: Short Interest Down 93.4% in October

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,172 shares, a drop of 93.4% from the September 30th total of 17,822 shares. Based on an average daily volume of 126,718 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Kepler Capital Markets cut Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

View Our Latest Stock Report on BKGFY

Berkeley Group Stock Performance

Shares of OTCMKTS:BKGFY traded down $0.07 during trading on Monday, reaching $9.30. 72,909 shares of the stock were exchanged, compared to its average volume of 100,099. The company has a current ratio of 3.58, a quick ratio of 0.70 and a debt-to-equity ratio of 0.18. Berkeley Group has a 12 month low of $8.09 and a 12 month high of $12.54. The stock has a 50-day moving average price of $9.07 and a 200-day moving average price of $9.14.

Berkeley Group Company Profile

(Get Free Report)

Berkeley Group Holdings plc is a United Kingdom-based residential property developer that operates through Berkeley Homes and related businesses. The company designs and builds new homes, including apartments, family houses and affordable housing, for private buyers, housing associations and institutional partners.

The group is also involved in large-scale urban regeneration and mixed-use development projects. These projects can include residential communities alongside retail, commercial, community and public spaces, as well as improvements to infrastructure and the surrounding environment.

Further Reading

Receive News & Ratings for Berkeley Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Berkeley Group and related companies with MarketBeat.com's FREE daily email newsletter.