Short Interest in Barratt Redrow plc. (OTCMKTS:BTDPY) Increases By 884.1%

Barratt Redrow plc. (OTCMKTS:BTDPY) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 79,997 shares, a growth of 884.1% from the November 30th total of 8,129 shares. Based on an average daily trading volume, of 443,466 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 443,466 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Several research firms recently weighed in on BTDPY. Zacks Research upgraded Barratt Redrow from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. Peel Hunt raised shares of Barratt Redrow to a “strong-buy” rating in a research report on Thursday, September 18th. Jefferies Financial Group cut shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. The Goldman Sachs Group assumed coverage on shares of Barratt Redrow in a report on Monday, November 24th. They set a “buy” rating on the stock. Finally, Royal Bank Of Canada lowered Barratt Redrow from a “moderate buy” rating to a “hold” rating in a report on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Barratt Redrow Trading Up 0.5%

Shares of BTDPY opened at $10.27 on Thursday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.03. Barratt Redrow has a 12 month low of $9.39 and a 12 month high of $13.18. The stock has a fifty day moving average price of $10.18 and a 200-day moving average price of $10.59.

Barratt Redrow Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 1st. Investors of record on Monday, October 13th were given a $0.2636 dividend. This represents a dividend yield of 357.0%. The ex-dividend date of this dividend was Friday, October 10th.

Barratt Redrow Company Profile

Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties. It is also involved in the commercial development business under the Wilson Bowden Developments brand name. The company offers its homes under the Barratt Homes, David Wilson Homes, and Barratt London brands.