Bellway p.l.c. (OTCMKTS:BLWYF) Short Interest Update

Bellway p.l.c. (OTCMKTS:BLWYF) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 168,590 shares, a growth of 24.6% from the February 12th total of 135,347 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Bellway Price Performance

Shares of BLWYF opened at $35.50 on Monday. The business’s 50 day simple moving average is $35.50 and its 200-day simple moving average is $34.37. Bellway has a one year low of $31.44 and a one year high of $35.78.

Analysts Set New Price Targets

Separately, Citigroup reaffirmed a “buy” rating on shares of Bellway in a research report on Tuesday, December 9th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

Bellway Company Profile

Bellway plc (OTCMKTS: BLWYF) is a UK-based residential property developer and housebuilder. Founded in 1946 and headquartered in Newcastle upon Tyne, the company specializes in the design, construction and sale of a wide range of new homes across the United Kingdom. Its product portfolio includes apartments, terraced, semi-detached and detached houses, catering to private buyers as well as the affordable and shared-ownership housing sectors.

Bellway’s operations extend across England, Scotland and Wales, supported by regional offices responsible for local land acquisition, planning and development.