The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Short Interest Up 509.3% in April

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 235,200 shares, an increase of 509.3% from the March 31st total of 38,600 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 535,900 shares, the short-interest ratio is presently 0.4 days.

The Berkeley Group Stock Performance

Shares of BKGFY stock opened at $10.92 on Friday. The Berkeley Group has a 12 month low of $8.48 and a 12 month high of $15.11. The business’s 50 day moving average is $9.68 and its two-hundred day moving average is $10.21. 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 Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 10th were given a dividend of $0.0833 per share. The ex-dividend date of this dividend was Monday, March 10th.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded The Berkeley Group from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th.

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.