Whitbread plc (OTCMKTS:WTBDY) Short Interest Update

Whitbread plc (OTCMKTS:WTBDYGet Rating) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 11,500 shares, a decrease of 73.6% from the April 30th total of 43,500 shares. Based on an average daily trading volume, of 144,100 shares, the days-to-cover ratio is currently 0.1 days.

Shares of Whitbread stock opened at $8.50 on Thursday. The firm has a fifty day moving average of $9.11 and a two-hundred day moving average of $9.72. Whitbread has a one year low of $7.83 and a one year high of $12.12.

The business also recently declared a dividend, which will be paid on Monday, July 11th. Stockholders of record on Friday, May 27th will be issued a $0.1086 dividend. The ex-dividend date of this dividend is Thursday, May 26th. This represents a dividend yield of 1.28%.

Separately, Sanford C. Bernstein upgraded shares of Whitbread from an “underperform” rating to a “market perform” rating in a research report on Thursday, March 17th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Whitbread has a consensus rating of “Buy” and an average target price of $4,000.00.

Whitbread Company Profile (Get Rating)

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates approximately 857 hotels with 78,718 rooms in the United Kingdom; and 4,880 rooms in Germany under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands; and 768 restaurants under the Brewers Fayre, Beefeater, Whitbread Inns, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands.

Further Reading

Receive News & Ratings for Whitbread Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitbread and related companies with MarketBeat.com's FREE daily email newsletter.