Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Short Interest Update

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 47,121 shares, an increase of 191.4% from the April 15th total of 16,170 shares. Based on an average daily volume of 443,815 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Zacks Research lowered Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Monday, May 11th. Royal Bank Of Canada upgraded Berkeley Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 1st. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

Berkeley Group Price Performance

Shares of BKGFY opened at $8.57 on Friday. The firm’s 50 day simple moving average is $9.26 and its 200 day simple moving average is $10.28. The company has a quick ratio of 0.65, a current ratio of 3.54 and a debt-to-equity ratio of 0.19. Berkeley Group has a 1-year low of $8.09 and a 1-year high of $12.54.

About Berkeley Group

Berkeley Group Holdings plc is a leading UK residential property developer specializing in urban regeneration and new-build communities. Founded in 1976 by Tony Pidgley, the company has built a reputation for delivering high-quality homes in London and the surrounding regions. Its core operations encompass land acquisition, planning, design, construction and sales, with an emphasis on creating mixed-use neighborhoods that integrate housing, public spaces and community amenities.

Over the decades, Berkeley Group has completed numerous landmark projects, including large-scale schemes at Kidbrooke Village, Royal Arsenal Riverside and Elephant Park in east London.