Short Interest in Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Grows By 2,200.0%

Key Points

• Berkeley Group Holdings PLC saw a **2,200% increase** in short interest in August, totaling **2,300 shares** compared to just **100 shares** at the end of July.
• Analyst ratings are generally positive, with **two analysts** giving the stock a **Strong Buy** rating and an average rating of **"Buy."**
• Despite the positive analyst sentiment, **BKGFY stock** fell **3.8%**, trading at **$9.41**, with a one-year range of **$8.48 to $14.46**.

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY - Get Free Report) was the target of a significant increase in short interest in August. As of August 15th, there was short interest totaling 2,300 shares, anincreaseof2,200.0% from the July 31st total of 100 shares. Based on an average daily trading volume, of 154,900 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 154,900 shares, the days-to-cover ratio is currently 0.0 days.

Berkeley Group Stock Performance

Shares of BKGFY stock traded up $0.37 during mid-day trading on Friday, hitting $9.92. 54,314 shares of the company's stock were exchanged, compared to its average volume of 53,861. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.36 and a quick ratio of 0.61. Berkeley Group has a fifty-two week low of $8.48 and a fifty-two week high of $14.46. The stock has a 50-day simple moving average of $9.89 and a two-hundred day simple moving average of $10.28.

Wall Street Analyst Weigh In

BKGFY has been the topic of several recent research reports. Zacks Research downgraded shares of Berkeley Group from a "strong-buy" rating to a "hold" rating in a report on Friday, August 29th. Kepler Capital Markets raised Berkeley Group to a "hold" rating in a research note on Wednesday, July 23rd. Finally, Royal Bank Of Canada raised Berkeley Group from a "strong sell" rating to a "moderate buy" rating in a research report on Wednesday, July 9th. Two analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Buy".

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.