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

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 21,794 shares, an increase of 273.9% from the May 31st total of 5,829 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 164,070 shares, the short-interest ratio is currently 0.1 days.

Taylor Wimpey Stock Performance

Shares of Taylor Wimpey stock opened at $11.20 on Monday. Taylor Wimpey has a 52-week low of $9.79 and a 52-week high of $17.26. The stock’s 50-day simple moving average is $10.70 and its 200 day simple moving average is $12.66.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TWODY. Rothschild & Co Redburn downgraded Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. The Goldman Sachs Group lowered shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a leading residential developer headquartered in High Wycombe, Buckinghamshire, United Kingdom. The company specializes in the acquisition, planning and construction of new homes for private sale, affordable housing and joint‐venture partnerships. With a focus on delivering quality, sustainable communities, Taylor Wimpey guides projects from initial land sourcing and development planning through to marketing, build‐out and after‐sales management.

Founded in 2007 through the merger of Taylor Woodrow and George Wimpey—each with roots dating back to the early 20th century—Taylor Wimpey has grown to become one of the largest homebuilders in the UK.