Derwent Valley Holdings Plc (OTCMKTS:DWVYF) Sees Significant Drop in Short Interest

Derwent Valley Holdings Plc (OTCMKTS:DWVYF) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 14,193 shares, a drop of 96.2% from the July 30th total of 369,869 shares. Based on an average trading volume of 95 shares, the days-to-cover ratio is currently 149.4 days. Approximately 0.0% of the company’s shares are short sold.

Derwent Valley Price Performance

Shares of OTCMKTS:DWVYF remained flat at $27.48 during mid-day trading on Tuesday. The business’s 50 day simple moving average is $25.77 and its 200-day simple moving average is $24.04. Derwent Valley has a one year low of $21.32 and a one year high of $28.00.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group cut shares of Derwent Valley from a “moderate sell” rating to a “strong sell” rating in a research report on Thursday, April 30th. Two equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

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.