Short Interest in Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY) Drops By 27.3%

Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 3,200 shares, a decline of 27.3% from the September 30th total of 4,400 shares. Based on an average trading volume of 12,600 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 12,600 shares, the short-interest ratio is presently 0.3 days.

Whitbread Stock Down 2.0%

OTCMKTS WTBDY opened at $9.35 on Tuesday. The stock has a 50-day moving average of $10.51 and a two-hundred day moving average of $10.05. Whitbread has a 1-year low of $7.41 and a 1-year high of $11.06.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WTBDY. Morgan Stanley reissued an “overweight” rating on shares of Whitbread in a research report on Wednesday, September 3rd. Peel Hunt raised Whitbread to a “strong-buy” rating in a research report on Thursday, October 16th. Finally, Citigroup reissued a “buy” rating on shares of Whitbread in a research report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. According to MarketBeat.com, Whitbread currently has an average rating of “Buy”.

Whitbread Company Profile

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.