Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Short Interest Up 362.6% in August

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 24,050 shares, an increase of 362.6% from the August 15th total of 5,199 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 22,592 shares, the days-to-cover ratio is currently 1.1 days.

Taylor Wimpey Stock Down 2.6%

Shares of TWODY stock opened at $10.49 on Friday. Taylor Wimpey has a 52-week low of $9.79 and a 52-week high of $16.00. The firm’s 50-day moving average is $11.12 and its 200-day moving average is $11.36.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Rothschild & Co Redburn cut Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. The Goldman Sachs Group cut Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 26th. Finally, UBS Group upgraded Taylor Wimpey to a “strong sell” rating in a research note on Wednesday. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce”.

Taylor Wimpey Company Profile

Taylor Wimpey plc (OTCMKTS:TWODY) is a residential property developer headquartered in the United Kingdom. The company acquires land, secures planning approvals, and designs, builds and sells new homes for private buyers and affordable-housing providers. Its developments typically include houses and apartments in a range of sizes and price points, supported by related infrastructure and community facilities.

The company operates primarily in England, Scotland and Wales, as well as in Spain through its Taylor Wimpey España business.