Barratt Developments plc (OTCMKTS:BTDPY – Get Rating) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 49,800 shares, an increase of 38.0% from the March 31st total of 36,100 shares. Based on an average daily volume of 64,100 shares, the days-to-cover ratio is currently 0.8 days.
BTDPY opened at $12.21 on Friday. Barratt Developments has a 52 week low of $12.21 and a 52 week high of $22.25. The business’s fifty day simple moving average is $14.24 and its 200 day simple moving average is $16.95.
The company also recently announced a dividend, which will be paid on Thursday, June 2nd. Investors of record on Friday, April 8th will be paid a $0.2569 dividend. The ex-dividend date is Thursday, April 7th. This represents a yield of 5.77%.
About Barratt Developments (Get Rating)
Barratt Developments plc engages in the housebuilding and commercial development businesses in Great Britain. It acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities; and retail, leisure, office, industrial, and mixed-use properties. The company offers homes under the Barratt Homes, David Wilson Homes, and Barratt London brands.
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