Short Interest in The Berkeley Group Holdings plc (OTCMKTS:BKGFF) Drops By 11.8%

The Berkeley Group Holdings plc (OTCMKTS:BKGFF – Get Rating) was the target of a large drop in short interest in the month of December. As of December 30th, there was short interest totalling 36,500 shares, a drop of 11.8% from the December 15th total of 41,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

The Berkeley Group Stock Performance

Shares of OTCMKTS BKGFF opened at $54.22 on Friday. The Berkeley Group has a fifty-two week low of $37.00 and a fifty-two week high of $54.22. The business has a 50 day moving average price of $45.54 and a two-hundred day moving average price of $43.65.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Barclays assumed coverage on The Berkeley Group in a report on Friday, December 2nd. They set an “overweight” rating on the stock. Deutsche Bank Aktiengesellschaft lowered The Berkeley Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 20th.

About The Berkeley Group

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The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. The company is also involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.