Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Short Interest Update

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 68,991 shares, a decline of 26.7% from the November 30th total of 94,129 shares. Based on an average trading volume of 156,166 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 156,166 shares, the short-interest ratio is currently 0.4 days.

Berkeley Group Stock Up 0.3%

Shares of BKGFY stock opened at $10.69 on Tuesday. The stock’s 50 day simple moving average is $10.33 and its 200 day simple moving average is $10.21. Berkeley Group has a twelve month low of $8.48 and a twelve month high of $12.35. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.54 and a quick ratio of 0.65.

Wall Street Analyst Weigh In

Several analysts recently issued reports on BKGFY shares. Royal Bank Of Canada reiterated an “underperform” rating on shares of Berkeley Group in a report on Thursday, December 11th. The Goldman Sachs Group began coverage on Berkeley Group in a research note on Monday, November 24th. They set a “sell” rating for the company. Jefferies Financial Group upgraded Berkeley Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 3rd. Finally, Citigroup reissued a “neutral” rating on shares of Berkeley Group in a research note on Tuesday, December 16th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Berkeley Group has an average 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.