Short Interest in The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Grows By 464.8%

The Berkeley Group Holdings plc (OTCMKTS:BKGFY - Get Free Report) was the target of a large increase in short interest in 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 volume of 681,300 shares, the short-interest ratio is currently 0.1 days.

The Berkeley Group Price Performance

OTCMKTS:BKGFY traded down $0.07 during trading hours on Friday, reaching $9.72. The company's stock had a trading volume of 580,299 shares, compared to its average volume of 320,801. The stock has a 50 day moving average price of $9.95 and a two-hundred day moving average price of $11.67. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.66 and a current ratio of 3.46. The Berkeley Group has a 12 month low of $8.48 and a 12 month high of $15.11.

Wall Street Analyst Weigh In

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

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.