Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Short Interest Down 82.4% in July

Key Points

• Taylor Wimpey PLC saw a significant decline in short interest, dropping by 82.4% from 6,800 shares to just 1,200 shares in July.
• The company's shares opened at $13.64, with a 1-year low of $13.05 and a high of $23.56.
• Analysts have issued mixed ratings, with Kepler Capital Markets upgrading the stock to a "strong-buy" while Barclays downgraded it to a "strong sell."

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY - Get Free Report) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,200 shares, adecreaseof82.4% from the July 15th total of 6,800 shares. Based on an average daily trading volume, of 79,300 shares, the days-to-cover ratio is currently 0.0 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 79,300 shares, the days-to-cover ratio is currently 0.0 days.

Taylor Wimpey Stock Up 1.4%

Shares of OTCMKTS:TWODY traded up $0.19 during mid-day trading on Tuesday, hitting $13.58. 20,331 shares of the company traded hands, compared to its average volume of 150,404. The stock has a 50-day moving average price of $15.15 and a two-hundred day moving average price of $15.05. Taylor Wimpey has a 12-month low of $13.05 and a 12-month high of $23.56.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Barclays lowered Taylor Wimpey from a "hold" rating to a "strong sell" rating in a research note on Wednesday, August 6th. Kepler Capital Markets raised shares of Taylor Wimpey to a "strong-buy" rating in a research note on Wednesday, July 23rd. Peel Hunt raised shares of Taylor Wimpey to a "hold" rating in a research note on Friday, August 1st. Finally, Royal Bank Of Canada lowered shares of Taylor Wimpey from a "moderate buy" rating to a "hold" rating in a report on Wednesday, July 9th.

About Taylor Wimpey

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.