Bellway p.l.c. (OTCMKTS:BLWYF) Sees Large Increase in Short Interest

Bellway p.l.c. (OTCMKTS:BLWYF) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 76,000 shares, a growth of 6.4% from the December 15th total of 71,400 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Bellway Price Performance

Shares of OTCMKTS BLWYF opened at $26.70 on Friday. Bellway has a 1 year low of $26.70 and a 1 year high of $41.00. The firm’s 50-day moving average is $39.86 and its 200-day moving average is $38.15.

About Bellway

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands.