The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Short Interest Down 72.4% in May

The Berkeley Group Holdings plc (OTCMKTS:BKGFY - Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 58,400 shares, a decline of 72.4% from the May 15th total of 211,700 shares. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 199,900 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, UBS Group upgraded shares of The Berkeley Group from a "hold" rating to a "strong-buy" rating in a report on Monday, April 28th.

The Berkeley Group Trading Down 1.0%

Shares of The Berkeley Group stock traded down $0.12 during mid-day trading on Friday, hitting $11.75. 79,690 shares of the stock were exchanged, compared to its average volume of 233,180. The Berkeley Group has a 12 month low of $8.48 and a 12 month high of $15.11. The company has a 50-day simple moving average of $11.07 and a 200 day simple moving average of $10.17. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.46 and a quick ratio of 0.66.

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.