The Berkeley Group Holdings plc (OTCMKTS:BKGFY - Get Free Report) was the target of a significant 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 days-to-cover ratio is currently 0.1 days.
Wall Street Analysts Forecast Growth
Separately, Barclays upgraded The Berkeley Group from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th.
Read Our Latest Research Report on The Berkeley Group
The Berkeley Group Stock Performance
BKGFY traded up $0.13 during trading on Monday, hitting $9.03. 651,628 shares of the company's stock were exchanged, compared to its average volume of 369,579. The Berkeley Group has a fifty-two week low of $8.67 and a fifty-two week high of $15.11. The business's 50 day moving average is $10.50 and its two-hundred day moving average is $11.99.
About The Berkeley Group
(
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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.
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