Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Short Interest Update

Key Points

• Short interest in Berkeley Group Holdings PLC significantly increased by 582.6% in August, rising from 2,300 to 15,700 shares.
• Analysts have mixed opinions on the stock, with a current average rating of "Buy" and recent upgrades and downgrades from firms including Kepler Capital Markets and Zacks Research.
• As of the latest trading data, Berkeley Group's stock price is $9.86, with a 1-year range between $8.48 and $14.19.

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY - Get Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 15,700 shares, a growth of 582.6% from the August 15th total of 2,300 shares. Based on an average daily trading volume, of 96,100 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 96,100 shares, the short-interest ratio is currently 0.2 days.

Berkeley Group Stock Performance

Shares of BKGFY stock traded up $0.17 during trading on Thursday, reaching $9.86. The company's stock had a trading volume of 33,233 shares, compared to its average volume of 209,067. The company has a current ratio of 3.36, a quick ratio of 0.61 and a debt-to-equity ratio of 0.19. The stock's 50-day moving average price is $9.85 and its 200 day moving average price is $10.28. Berkeley Group has a 1-year low of $8.48 and a 1-year high of $14.19.

Wall Street Analysts Forecast Growth

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

About Berkeley Group

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.