The Berkeley Group Holdings plc (OTCMKTS:BKGFF) Sees Significant Increase in Short Interest

The Berkeley Group Holdings plc (OTCMKTS:BKGFF) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 48,100 shares, an increase of 27.2% from the December 15th total of 37,800 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 48.1 days.

The Berkeley Group Price Performance

OTCMKTS BKGFF opened at $46.09 on Friday. The firm’s fifty day moving average price is $52.01 and its two-hundred day moving average price is $57.82. The Berkeley Group has a 1 year low of $46.09 and a 1 year high of $66.74.

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.