The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Short Interest Update

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 86,700 shares, a growth of 478.0% from the February 13th total of 15,000 shares. Based on an average trading volume of 831,400 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

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 Price Performance

The Berkeley Group stock traded up $0.17 during trading hours on Wednesday, hitting $9.53. The stock had a trading volume of 249,352 shares, compared to its average volume of 321,727. The stock’s fifty day moving average is $9.45 and its two-hundred day moving average is $10.94. 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 1-year low of $8.48 and a 1-year high of $15.11.

The Berkeley Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 10th will be paid a $0.0833 dividend. The ex-dividend date of this dividend is Monday, March 10th.

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.