Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Stock Short Interest Drops 94.8%

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 403 shares, a drop of 94.8% from the September 30th total of 7,713 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 39,684 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Zacks Research upgraded Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. UBS Group raised shares of Taylor Wimpey to a “strong sell” rating in a report on Wednesday, September 9th. Finally, The Goldman Sachs Group upgraded shares of Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 20th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Taylor Wimpey Stock Performance

TWODY stock opened at $11.22 on Wednesday. The firm has a 50 day simple moving average of $10.80 and a 200 day simple moving average of $11.76. Taylor Wimpey has a 52 week low of $9.57 and a 52 week high of $16.00.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a residential property developer and housebuilder headquartered in the United Kingdom. The company acquires land, secures planning approvals and designs, constructs and sells homes for private buyers, while also working with housing associations and other organizations to deliver affordable housing.

The company operates primarily in the United Kingdom, where it builds a range of properties from apartments and starter homes to larger family houses. Its activities also include land development, infrastructure work and the management of large-scale residential communities.