The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Short Interest Up 455.6% in February

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 15,000 shares, an increase of 455.6% from the January 31st total of 2,700 shares. Based on an average daily volume of 431,000 shares, the days-to-cover ratio is presently 0.0 days.

The Berkeley Group Price Performance

The Berkeley Group stock traded down $0.26 during mid-day trading on Friday, reaching $9.19. The company’s stock had a trading volume of 111,683 shares, compared to its average volume of 341,213. The Berkeley Group has a 12-month low of $8.48 and a 12-month high of $15.11. The firm’s fifty day moving average price is $9.54 and its two-hundred day moving average price is $11.22. The company has a quick ratio of 0.66, a current ratio of 3.46 and a debt-to-equity ratio of 0.19.

Analyst Ratings Changes

Separately, Barclays upgraded shares of The Berkeley Group from a “hold” rating to a “strong-buy” rating in a report 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.