Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Short Interest Up 14.8% in February

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 58,400 shares, a growth of 14.8% from the February 12th total of 50,885 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 131,268 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 131,268 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Berkeley Group Stock Down 0.4%

Shares of OTCMKTS BKGFY opened at $9.86 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.54 and a quick ratio of 0.65. The firm has a fifty day moving average of $11.25 and a 200-day moving average of $10.63. Berkeley Group has a 52-week low of $9.03 and a 52-week high of $12.54.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BKGFY. Jefferies Financial Group upgraded Berkeley Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 3rd. Royal Bank Of Canada reiterated an “underperform” rating on shares of Berkeley Group in a research report on Thursday, December 11th. The Goldman Sachs Group began coverage on Berkeley Group in a research note on Monday, November 24th. They issued a “sell” rating on the stock. Citigroup restated a “neutral” rating on shares of Berkeley Group in a report on Tuesday, December 16th. Finally, Zacks Research raised shares of Berkeley Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Berkeley Group Company Profile

Berkeley Group Holdings plc is a leading UK residential property developer specializing in urban regeneration and new-build communities. Founded in 1976 by Tony Pidgley, the company has built a reputation for delivering high-quality homes in London and the surrounding regions. Its core operations encompass land acquisition, planning, design, construction and sales, with an emphasis on creating mixed-use neighborhoods that integrate housing, public spaces and community amenities.

Over the decades, Berkeley Group has completed numerous landmark projects, including large-scale schemes at Kidbrooke Village, Royal Arsenal Riverside and Elephant Park in east London.