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

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

Taylor Wimpey Trading Down 0.9%

TWODY stock traded down $0.10 during midday trading on Monday, hitting $10.87. The company’s stock had a trading volume of 364,934 shares, compared to its average volume of 111,242. The company has a quick ratio of 0.44, a current ratio of 4.99 and a debt-to-equity ratio of 0.02. Taylor Wimpey has a twelve month low of $9.57 and a twelve month high of $16.00. The company’s fifty day moving average price is $10.80 and its 200 day moving average price is $11.78.

Analysts Set New Price Targets

TWODY has been the topic of a number of research reports. UBS Group upgraded Taylor Wimpey to a “strong sell” rating in a report on Wednesday, September 9th. Zacks Research raised Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research report on Monday, October 5th. Finally, The Goldman Sachs Group raised 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 stock. According to MarketBeat, Taylor Wimpey currently has an average rating of “Hold”.

About Taylor Wimpey

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.