Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Shares Shorted: Short Interest Down 93.4% in October

by · The Markets Daily

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,172 shares, a decrease of 93.4% from the September 30th total of 17,822 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 126,718 shares, the short-interest ratio is presently 0.0 days.

Berkeley Group Price Performance

BKGFY traded down $0.07 on Monday, hitting $9.30. 72,909 shares of the company were exchanged, compared to its average volume of 100,099. Berkeley Group has a 12 month low of $8.09 and a 12 month high of $12.54. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.70 and a current ratio of 3.58. The stock’s fifty day moving average is $9.07 and its 200-day moving average is $9.14.

Analyst Ratings Changes

Separately, Kepler Capital Markets downgraded Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Read Our Latest Report on Berkeley Group

About Berkeley Group

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Berkeley Group Holdings plc is a United Kingdom-based residential property developer that operates through Berkeley Homes and related businesses. The company designs and builds new homes, including apartments, family houses and affordable housing, for private buyers, housing associations and institutional partners.

The group is also involved in large-scale urban regeneration and mixed-use development projects. These projects can include residential communities alongside retail, commercial, community and public spaces, as well as improvements to infrastructure and the surrounding environment.

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