Short Interest in Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Decreases By 33.2%

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY – Get Free Report) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 49,711 shares, a drop of 33.2% from the June 30th total of 74,405 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 167,758 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

A number of brokerages have issued reports on BKGFY. Berenberg Bank cut shares of Berkeley Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Zacks Research upgraded shares of Berkeley Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 9th. Kepler Capital Markets lowered Berkeley Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 2nd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Berkeley Group in a research note on Thursday, June 25th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.

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Berkeley Group Price Performance

BKGFY opened at $9.60 on Friday. The firm’s fifty day moving average is $9.20 and its two-hundred day moving average is $9.83. The company has a current ratio of 3.58, a quick ratio of 0.70 and a debt-to-equity ratio of 0.18. Berkeley Group has a twelve month low of $8.09 and a twelve month high of $12.54.

About Berkeley Group

(Get Free Report)

Berkeley Group Holdings plc is a leading UK residential property developer specializing in urban regeneration and new-build communities. Founded in 1976 by Tony Pidgley, the company has built a reputation for delivering high-quality homes in London and the surrounding regions. Its core operations encompass land acquisition, planning, design, construction and sales, with an emphasis on creating mixed-use neighborhoods that integrate housing, public spaces and community amenities.

Over the decades, Berkeley Group has completed numerous landmark projects, including large-scale schemes at Kidbrooke Village, Royal Arsenal Riverside and Elephant Park in east London.

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