Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY) Sees Large Increase in Short Interest

Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,640 shares, an increase of 210.1% from the April 30th total of 1,819 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 39,029 shares, the days-to-cover ratio is currently 0.1 days.

Whitbread Trading Down 0.9%

OTCMKTS:WTBDY opened at $7.86 on Friday. Whitbread has a 52-week low of $7.42 and a 52-week high of $11.06. The business’s fifty day moving average is $8.02 and its 200 day moving average is $8.50.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Whitbread in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

About Whitbread

Whitbread plc is a UK-based hospitality company primarily engaged in hotel and restaurant operations. Its flagship brand, Premier Inn, is one of the largest budget hotel chains in the United Kingdom, offering standardized accommodation across city centre and suburban locations. In addition to hotels, Whitbread operates a portfolio of food and beverage outlets, including family-oriented restaurants and pubs that cater to both leisure and business travellers.

The company’s hotel portfolio comprises hundreds of properties in the UK, alongside an established presence in Germany and select international markets under the Premier Inn banner.