Short Interest in The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Expands By 478.0%

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 86,700 shares, an increase of 478.0% from the February 13th total of 15,000 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 831,400 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

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

The Berkeley Group Trading Down 2.0 %

Shares of BKGFY stock traded down $0.19 during trading hours on Friday, reaching $9.18. The company had a trading volume of 168,285 shares, compared to its average volume of 315,581. 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 Berkeley Group has a twelve month low of $8.48 and a twelve month high of $15.11. The stock’s fifty day simple moving average is $9.43 and its 200 day simple moving average is $10.91.

The Berkeley Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 10th will be issued a dividend of $0.0833 per share. The ex-dividend date of this dividend is Monday, March 10th.

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.