The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Short Interest Up 464.8% in January

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

Wall Street Analyst Weigh In

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

The Berkeley Group Stock Performance

OTCMKTS:BKGFY traded up $0.13 during trading hours on Tuesday, hitting $9.73. The stock had a trading volume of 393,249 shares, compared to its average volume of 369,862. The company has a 50 day simple moving average of $10.03 and a two-hundred day simple moving average of $11.73. The company has a quick ratio of 0.66, a current ratio of 3.46 and a debt-to-equity ratio of 0.19. The Berkeley Group has a one year low of $8.48 and a one year high of $15.11.

The Berkeley Group Company Profile

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.