The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Short Interest Up 455.6% in February

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 15,000 shares, an increase of 455.6% from the January 31st total of 2,700 shares. Based on an average daily volume of 431,000 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

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

The Berkeley Group Price Performance

BKGFY traded down $0.26 on Friday, hitting $9.19. 111,683 shares of the stock were exchanged, compared to its average volume of 341,213. The company has a current ratio of 3.46, a quick ratio of 0.66 and a debt-to-equity ratio of 0.19. The Berkeley Group has a 12 month low of $8.48 and a 12 month high of $15.11. The business has a 50-day moving average of $9.54 and a two-hundred day moving average of $11.22.

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.