Short Interest in The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Expands By 105.4%

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 15,200 shares, a growth of 105.4% from the February 29th total of 7,400 shares. Based on an average daily volume of 22,500 shares, the days-to-cover ratio is currently 0.7 days.

The Berkeley Group Price Performance

BKGFY stock traded up $0.06 during trading on Thursday, reaching $12.23. The company’s stock had a trading volume of 5,056 shares, compared to its average volume of 9,940. The company has a current ratio of 3.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.19. The company’s fifty day moving average is $12.11 and its 200-day moving average is $11.47. The Berkeley Group has a 1 year low of $9.54 and a 1 year high of $12.96.

The Berkeley Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, April 12th. Shareholders of record on Monday, March 11th will be paid a $0.0736 dividend. The ex-dividend date is Friday, March 8th.

About The Berkeley Group

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.