The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Short Interest Down 57.8% in May

The Berkeley Group Holdings plc (OTCMKTS:BKGFY - Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 211,700 shares, a decrease of 57.8% from the April 30th total of 501,500 shares. Based on an average daily volume of 323,600 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the shares of the stock are short sold.

The Berkeley Group Price Performance

Shares of BKGFY traded down $0.07 during mid-day trading on Monday, reaching $11.55. The stock had a trading volume of 41,162 shares, compared to its average volume of 247,661. The company has a current ratio of 3.46, a quick ratio of 0.66 and a debt-to-equity ratio of 0.19. The Berkeley Group has a 52-week low of $8.48 and a 52-week high of $15.11. The business's fifty day moving average is $10.73 and its 200 day moving average is $10.13.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised The Berkeley Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th.

The 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.