Short Interest in Derwent Valley Holdings Plc (OTCMKTS:DWVYF) Increases By 120.1%

Derwent Valley Holdings Plc (OTCMKTS:DWVYF) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 21,992 shares, a growth of 120.1% from the April 15th total of 9,992 shares. Based on an average daily trading volume, of 36 shares, the days-to-cover ratio is presently 610.9 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

DWVYF has been the subject of a number of research reports. Jefferies Financial Group cut shares of Derwent Valley from a “moderate sell” rating to a “strong sell” rating in a report on Thursday, April 30th. Barclays raised shares of Derwent Valley to a “hold” rating in a report on Friday, March 27th. Finally, Kepler Capital Markets cut shares of Derwent Valley from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Derwent Valley Stock Performance

DWVYF opened at $23.49 on Friday. Derwent Valley has a twelve month low of $21.33 and a twelve month high of $24.86. The company has a fifty day moving average of $22.35 and a 200-day moving average of $23.14.

Derwent Valley Company Profile

Derwent London PLC (OTCMKTS:DWVYF) is a real estate investment trust headquartered in London, United Kingdom. The company specialises in the ownership, development and management of commercial properties, with a primary focus on office and mixed-use buildings in central London. Leveraging a significant development pipeline, Derwent London aims to maximise asset value through both new-build projects and the refurbishment of historic structures, often incorporating sustainable design and modern workplace features.

With a portfolio concentrated in key West End and City locations, Derwent London targets areas undergoing regeneration and urban renewal.