Short Interest in Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Decreases By 98.3%

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) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 100 shares, adropof98.3% from the July 15th total of 5,800 shares. Based on an average daily volume of 310,400 shares, the days-to-cover ratio is presently 0.0 days. Currently,0.0% of the company's stock are sold short. Currently,0.0% of the company's stock are sold short. Based on an average daily volume of 310,400 shares, the days-to-cover ratio is presently 0.0 days.

Berkeley Group Price Performance

BKGFY traded down $0.06 on Thursday, reaching $10.32. The company's stock had a trading volume of 80,569 shares, compared to its average volume of 228,656. Berkeley Group has a 1 year low of $8.48 and a 1 year high of $15.11. The business's 50 day moving average is $10.33 and its 200 day moving average is $10.23. The company has a current ratio of 3.36, a quick ratio of 0.61 and a debt-to-equity ratio of 0.19.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on BKGFY shares. 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. UBS Group raised shares of Berkeley Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 28th. Finally, Kepler Capital Markets raised shares of Berkeley Group to a "hold" rating in a research report on Wednesday, July 23rd.

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.

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