The Berkeley Group Holdings plc (OTCMKTS:BKGFY – Get Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 40,100 shares, a growth of 464.8% from the December 15th total of 7,100 shares. Based on an average daily trading volume, of 681,300 shares, the short-interest ratio is presently 0.1 days.
The Berkeley Group Stock Up 1.5 %
OTCMKTS BKGFY opened at $9.03 on Tuesday. The business has a 50 day simple moving average of $10.50 and a 200 day simple moving average of $11.99. The Berkeley Group has a one year low of $8.67 and a one year high of $15.11.
Wall Street Analysts Forecast Growth
Separately, Barclays upgraded The Berkeley Group from a “hold” rating to a “strong-buy” rating in a research note 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.
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