Vistry Group PLC (OTCMKTS:BVHMF) Stock Short Interest Falls 57.8%

Vistry Group PLC (OTCMKTS:BVHMF – Get Free Report) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,351,302 shares, a decrease of 57.8% from the September 15th total of 3,201,439 shares. Based on an average daily trading volume, of 8,895 shares, the days-to-cover ratio is currently 151.9 days.

Vistry Group Trading Up 9.7%

Shares of OTCMKTS:BVHMF traded up $0.28 during trading on Thursday, hitting $3.16. 160 shares of the company’s stock traded hands, compared to its average volume of 17,608. Vistry Group has a 52 week low of $2.88 and a 52 week high of $10.39. The company has a 50-day moving average price of $3.60 and a 200-day moving average price of $3.77.

Wall Street Analyst Weigh In

BVHMF has been the subject of several analyst reports. Royal Bank Of Canada restated an “underperform” rating on shares of Vistry Group in a research report on Thursday, October 1st. UBS Group started coverage on shares of Vistry Group in a research note on Wednesday, September 9th. They set a “neutral” rating on the stock. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on BVHMF

About Vistry Group

(Get Free Report)

Vistry Group plc is a United Kingdom-based housebuilding and partnerships business. The company develops new homes for private sale and delivers affordable housing and mixed-tenure developments in collaboration with housing associations, local authorities and other public-sector partners.

Its operations include land acquisition, planning, construction and the sale or handover of residential properties. Vistry’s housebuilding activities have been associated with brands including Bovis Homes, Linden Homes and Countryside Homes, while its partnerships business focuses on large-scale regeneration projects and the delivery of affordable housing.

The group was created from Bovis Homes after the acquisition of Linden Homes and Galliford Try’s housing businesses, and adopted the Vistry name in 2019.

Further Reading

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