Short Interest in Barratt Developments plc (OTCMKTS:BTDPY) Drops By 96.4%

Barratt Developments plc (OTCMKTS:BTDPY - Get Free Report) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 200 shares, a decline of 96.4% from the February 13th total of 5,500 shares. Approximately 0.0% of the company's stock are short sold. Based on an average trading volume of 19,500 shares, the short-interest ratio is currently 0.0 days.

Barratt Developments Stock Up 1.5 %

Barratt Developments stock traded up $0.17 during trading hours on Friday, hitting $11.16. The stock had a trading volume of 13,102 shares, compared to its average volume of 19,711. Barratt Developments has a 12-month low of $9.68 and a 12-month high of $14.85. The stock's 50-day moving average price is $10.90 and its 200-day moving average price is $11.54.

Barratt Developments Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, June 2nd. Shareholders of record on Friday, April 4th will be issued a $0.1416 dividend. The ex-dividend date of this dividend is Friday, April 4th.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised shares of Barratt Developments from a "hold" rating to a "moderate buy" rating in a report on Monday, December 2nd.

Barratt Developments Company Profile

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.