The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Sees Significant Increase in Short Interest

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 40,100 shares, an increase of 464.8% from the December 15th total of 7,100 shares. Based on an average trading volume of 681,300 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Barclays raised shares of The Berkeley Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th.

The Berkeley Group Trading Up 1.5 %

Shares of OTCMKTS BKGFY opened at $9.03 on Tuesday. The Berkeley Group has a one year low of $8.67 and a one year high of $15.11. The firm’s 50 day simple moving average is $10.50 and its two-hundred day simple moving average is $11.99.

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.