Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Sees Significant Decline in Short Interest

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 5,199 shares, a decrease of 83.1% from the July 30th total of 30,725 shares. Based on an average trading volume of 22,842 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Taylor Wimpey Price Performance

Taylor Wimpey stock opened at $11.73 on Thursday. Taylor Wimpey has a fifty-two week low of $9.79 and a fifty-two week high of $16.00. The firm’s 50 day simple moving average is $11.02 and its 200-day simple moving average is $11.70.

Analysts Set New Price Targets

TWODY has been the subject of several research reports. The Goldman Sachs Group lowered Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 26th. Rothschild & Co Redburn downgraded Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce”.

About Taylor Wimpey

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.