Short Interest in The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Decreases By 99.4%

The Berkeley Group Holdings plc (OTCMKTS:BKGFY - Get Free Report) was the recipient of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 2,700 shares, a decrease of 99.4% from the January 15th total of 426,300 shares. Based on an average daily volume of 693,200 shares, the short-interest ratio is currently 0.0 days.

The Berkeley Group Stock Up 0.6 %

OTCMKTS BKGFY traded up $0.06 on Friday, reaching $9.62. 159,494 shares of the stock were exchanged, compared to its average volume of 326,720. The Berkeley Group has a one year low of $8.48 and a one year high of $15.11. The company's 50-day simple moving average is $9.69 and its two-hundred day simple moving average is $11.41. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.46 and a quick ratio of 0.66.

Analyst Upgrades and Downgrades

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

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.