Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Sees Large Decrease in Short Interest

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 7,713 shares, a decrease of 60.2% from the September 15th total of 19,358 shares. Based on an average daily trading volume, of 22,450 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Taylor Wimpey Stock Performance

OTCMKTS:TWODY opened at $9.65 on Wednesday. The stock’s fifty day moving average price is $10.96 and its two-hundred day moving average price is $10.92. Taylor Wimpey has a 1 year low of $9.57 and a 1 year high of $16.00. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.44 and a current ratio of 4.99.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TWODY. Zacks Research upgraded Taylor Wimpey from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. UBS Group upgraded Taylor Wimpey to a “strong sell” rating in a research note on Wednesday, September 9th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

About Taylor Wimpey

Taylor Wimpey plc is a residential property developer that designs and builds homes for private buyers and affordable-housing customers. Its activities include acquiring and managing land, securing planning approvals, developing communities, constructing homes and selling completed properties through its housebuilding operations.

The company operates primarily in the United Kingdom and also has a residential development business in Spain. Its UK operations serve a range of regions and typically provide houses and apartments in both urban and suburban communities, while its Spanish business focuses on residential properties in selected coastal and resort locations.

Taylor Wimpey was formed in 2007 through the merger of Taylor Woodrow and George Wimpey, bringing together businesses with longer histories in construction and housebuilding.