Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Short Interest Up 2,300.0% in August

Key Points

• Taylor Wimpey PLC saw a massive increase in short interest, with a total of 2,400 shares shorted as of August 31st, representing a growth of 2,300.0% from just 100 shares on August 15th.
• Analysts have mixed views on Taylor Wimpey, with ratings ranging from "Strong Buy" to "Strong Sell," and the consensus rating is currently a "Hold".
• The stock is currently trading at $13.22, which is down from a 1-year high of $23.56, indicating considerable volatility in its price.

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY - Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,400 shares, an increase of 2,300.0% from the August 15th total of 100 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 156,800 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 156,800 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on TWODY. Royal Bank Of Canada lowered shares of Taylor Wimpey from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, July 9th. Peel Hunt upgraded shares of Taylor Wimpey to a "hold" rating in a research report on Friday, August 1st. Kepler Capital Markets upgraded shares of Taylor Wimpey to a "strong-buy" rating in a research report on Wednesday, July 23rd. Finally, Barclays lowered shares of Taylor Wimpey from a "hold" rating to a "strong sell" rating in a research report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold".

Taylor Wimpey Price Performance

Shares of OTCMKTS:TWODY traded up $0.04 during midday trading on Tuesday, reaching $13.26. 11,369 shares of the company were exchanged, compared to its average volume of 141,879. The business's fifty day moving average is $13.86 and its two-hundred day moving average is $14.86. Taylor Wimpey has a one year low of $12.32 and a one year high of $23.56.

Taylor Wimpey Company Profile

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.