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

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 12,300 shares, an increase of 459.1% from the October 15th total of 2,200 shares. Based on an average daily volume of 184,000 shares, the days-to-cover ratio is presently 0.1 days.

The Berkeley Group Stock Down 2.6 %

Shares of BKGFY traded down $0.29 during trading hours on Thursday, hitting $10.91. The stock had a trading volume of 170,190 shares, compared to its average volume of 60,369. The company’s fifty day moving average is $12.32 and its two-hundred day moving average is $12.83. The Berkeley Group has a 52 week low of $10.83 and a 52 week high of $15.11.

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.