Barratt Redrow plc. (OTCMKTS:BTDPY) Short Interest Update

Barratt Redrow plc. (OTCMKTS:BTDPY) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 25,025 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 381,717 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Barratt Redrow Stock Performance

Shares of OTCMKTS:BTDPY opened at $7.81 on Friday. Barratt Redrow has a 1 year low of $6.38 and a 1 year high of $11.24. The stock’s 50-day moving average is $7.08 and its 200 day moving average is $8.25.

Wall Street Analysts Forecast Growth

BTDPY has been the subject of several recent research reports. Berenberg Bank upgraded Barratt Redrow from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th. Zacks Research upgraded shares of Barratt Redrow from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. Barclays downgraded shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Finally, Royal Bank Of Canada upgraded shares of Barratt Redrow from a “hold” rating to a “moderate buy” rating in a report on Wednesday, April 1st. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Barratt Redrow has a consensus rating of “Moderate Buy”.

Barratt Redrow Company Profile

Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties. It is also involved in the commercial development business under the Wilson Bowden Developments brand name. The company offers its homes under the Barratt Homes, David Wilson Homes, and Barratt London brands.