Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Sees Significant Growth in Short Interest

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 37,419 shares, an increase of 117.8% from the June 30th total of 17,177 shares. Based on an average trading volume of 62,328 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

Taylor Wimpey Trading Up 1.1%

OTCMKTS TWODY opened at $11.15 on Tuesday. Taylor Wimpey has a 52 week low of $9.79 and a 52 week high of $16.00. The company has a 50 day moving average price of $10.62 and a 200 day moving average price of $12.20.

Analysts Set New Price Targets

A number of equities analysts recently commented on TWODY shares. The Goldman Sachs Group lowered Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 26th. Rothschild & Co Redburn downgraded shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a leading residential developer headquartered in High Wycombe, Buckinghamshire, United Kingdom. The company specializes in the acquisition, planning and construction of new homes for private sale, affordable housing and joint‐venture partnerships. With a focus on delivering quality, sustainable communities, Taylor Wimpey guides projects from initial land sourcing and development planning through to marketing, build‐out and after‐sales management.

Founded in 2007 through the merger of Taylor Woodrow and George Wimpey—each with roots dating back to the early 20th century—Taylor Wimpey has grown to become one of the largest homebuilders in the UK.