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

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 40,100 shares, a growth of 464.8% from the December 15th total of 7,100 shares. Based on an average trading volume of 681,300 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

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

The Berkeley Group Stock Performance

OTCMKTS:BKGFY traded down $0.48 during midday trading on Wednesday, reaching $8.55. The stock had a trading volume of 685,234 shares, compared to its average volume of 407,760. The Berkeley Group has a 12-month low of $8.48 and a 12-month high of $15.11. The firm has a fifty day simple moving average of $10.39 and a two-hundred day simple moving average of $11.94.

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.