Short Interest in The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Decreases By 99.4%

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 2,700 shares, a drop of 99.4% from the January 15th total of 426,300 shares. Based on an average trading volume of 693,200 shares, the short-interest ratio is currently 0.0 days.

The Berkeley Group Stock Up 1.2 %

Shares of BKGFY opened at $9.56 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.46 and a quick ratio of 0.66. The firm has a 50 day simple moving average of $9.71 and a 200-day simple moving average of $11.46. The Berkeley Group has a 1-year low of $8.48 and a 1-year high of $15.11.

Wall Street Analysts Forecast Growth

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

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.