Short Interest in Barratt Developments plc (OTCMKTS:BTDPF) Grows By 7.5%

Barratt Developments plc (OTCMKTS:BTDPF) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 102,700 shares, an increase of 7.5% from the September 30th total of 95,500 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is currently 128.4 days.

Barratt Developments Trading Down 3.5 %

BTDPF opened at $5.72 on Friday. Barratt Developments has a fifty-two week low of $5.30 and a fifty-two week high of $7.48. The company’s 50-day moving average price is $6.30 and its 200 day moving average price is $6.25.

About Barratt Developments

Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.