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

Key Points

• Short interest in Berkeley Group Holdings PLC has dramatically decreased by 98.3%, dropping from 5,800 shares to just 100 shares as of July 31st.
• The company's stock experienced a decline, trading at $10.32, with a 1-year low of $8.48 and a 1-year high of $15.11.
• Analysts have upgraded their ratings on Berkeley Group, with Royal Bank Of Canada moving from a "strong sell" to a "moderate buy" rating.

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY - Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 100 shares, adecreaseof98.3% from the July 15th total of 5,800 shares. Approximately0.0% of the company's shares are sold short. Based on an average daily trading volume, of 310,400 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 310,400 shares, the days-to-cover ratio is currently 0.0 days. Approximately0.0% of the company's shares are sold short.

Berkeley Group Trading Up 0.2%

Shares of OTCMKTS:BKGFY traded up $0.02 during trading on Tuesday, reaching $9.99. The stock had a trading volume of 38,420 shares, compared to its average volume of 104,887. The firm's 50-day simple moving average is $10.23 and its 200 day simple moving average is $10.25. The company has a quick ratio of 0.61, a current ratio of 3.36 and a debt-to-equity ratio of 0.19. Berkeley Group has a one year low of $8.48 and a one year high of $15.1102.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Kepler Capital Markets upgraded Berkeley Group to a "hold" rating in a report on Wednesday, July 23rd. Royal Bank Of Canada upgraded Berkeley Group from a "strong sell" rating to a "moderate buy" rating in a research report on Wednesday, July 9th. Finally, UBS Group upgraded shares of Berkeley Group from a "hold" rating to a "strong-buy" rating in a report on Monday, April 28th. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Berkeley Group 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.