Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Sees Large Decrease in Short Interest

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY – Get Free Report) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 403 shares, a decrease of 94.8% from the September 30th total of 7,713 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 39,684 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on TWODY shares. UBS Group raised Taylor Wimpey to a “strong sell” rating in a research note on Wednesday, September 9th. Zacks Research raised Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Finally, The Goldman Sachs Group upgraded Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 20th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Read Our Latest Analysis on Taylor Wimpey

Taylor Wimpey Price Performance

OTCMKTS TWODY traded down $0.10 during trading hours on Monday, reaching $10.87. 364,934 shares of the company’s stock were exchanged, compared to its average volume of 111,242. The company’s 50-day moving average is $10.80 and its two-hundred day moving average is $11.78. Taylor Wimpey has a one year low of $9.57 and a one year high of $16.00. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.99 and a quick ratio of 0.44.

About Taylor Wimpey

(Get Free Report)

Taylor Wimpey plc is a residential property developer and housebuilder headquartered in the United Kingdom. The company acquires land, secures planning approvals and designs, constructs and sells homes for private buyers, while also working with housing associations and other organizations to deliver affordable housing.

The company operates primarily in the United Kingdom, where it builds a range of properties from apartments and starter homes to larger family houses. Its activities also include land development, infrastructure work and the management of large-scale residential communities.

Further Reading

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