Taylor Wimpey plc (OTCMKTS:TWODY) Sees Significant Increase in Short Interest

Taylor Wimpey plc (OTCMKTS:TWODY) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 21,400 shares, a growth of 21,300.0% from the December 31st total of 100 shares. Based on an average daily trading volume, of 319,100 shares, the short-interest ratio is presently 0.1 days.

Taylor Wimpey Stock Up 1.7 %

Shares of OTCMKTS TWODY traded up $0.25 during mid-day trading on Tuesday, reaching $14.85. 116,825 shares of the company’s stock traded hands, compared to its average volume of 284,403. The business has a 50-day simple moving average of $15.25 and a 200 day simple moving average of $18.88. Taylor Wimpey has a 1-year low of $13.18 and a 1-year high of $23.56.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 6th.

Taylor Wimpey Company Profile

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.