Short Interest in The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Decreases By 99.4%

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the target of a large drop in short interest in January. As of January 31st, there was short interest totalling 2,700 shares, a drop of 99.4% from the January 15th total of 426,300 shares. Based on an average daily trading volume, of 693,200 shares, the short-interest ratio is presently 0.0 days.

The Berkeley Group Trading Up 1.0 %

The Berkeley Group stock traded up $0.09 during trading hours on Wednesday, hitting $9.45. 269,572 shares of the stock traded hands, compared to its average volume of 324,388. The Berkeley Group has a 1 year low of $8.48 and a 1 year high of $15.11. 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 firm’s 50 day moving average price is $9.75 and its 200-day moving average price is $11.49.

Analyst Upgrades and Downgrades

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

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.