Short Interest in Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Drops By 41.2%

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) was the target of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 50,885 shares, a decline of 41.2% from the January 29th total of 86,593 shares. Based on an average trading volume of 146,056 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 146,056 shares, the days-to-cover ratio is presently 0.3 days.

Berkeley Group Stock Performance

BKGFY opened at $11.79 on Monday. The stock has a fifty day moving average price of $11.30 and a 200 day moving average price of $10.59. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.54 and a quick ratio of 0.65. Berkeley Group has a 1 year low of $9.03 and a 1 year high of $12.54.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on BKGFY shares. Royal Bank Of Canada reiterated an “underperform” rating on shares of Berkeley Group in a research report on Thursday, December 11th. The Goldman Sachs Group started coverage on Berkeley Group in a report on Monday, November 24th. They set a “sell” rating on the stock. Jefferies Financial Group raised Berkeley Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 3rd. Zacks Research upgraded Berkeley Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 5th. Finally, Citigroup reiterated a “neutral” rating on shares of Berkeley Group in a report on Tuesday, December 16th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Berkeley Group Company Profile

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.