The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Short Interest Up 105.4% in March

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 15,200 shares, an increase of 105.4% from the February 29th total of 7,400 shares. Based on an average trading volume of 22,500 shares, the short-interest ratio is presently 0.7 days.

The Berkeley Group Stock Performance

Shares of BKGFY stock traded up $0.06 on Thursday, reaching $12.23. 5,056 shares of the stock were exchanged, compared to its average volume of 9,940. The firm has a 50 day moving average of $12.11 and a two-hundred day moving average of $11.47. The Berkeley Group has a 1-year low of $9.54 and a 1-year high of $12.96. The company has a current ratio of 3.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.19.

The Berkeley Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, April 12th. Stockholders of record on Monday, March 11th will be issued a dividend of $0.0736 per share. The ex-dividend date is Friday, March 8th.

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.