Short Interest in Barratt Developments plc (OTCMKTS:BTDPF) Expands By 5.6%

Barratt Developments plc (OTCMKTS:BTDPF) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 379,400 shares, an increase of 5.6% from the May 15th total of 359,200 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 474.3 days.

Barratt Developments Stock Performance

Shares of OTCMKTS:BTDPF opened at $6.35 on Thursday. The firm has a 50 day moving average of $6.15 and a 200-day moving average of $6.42. Barratt Developments has a 12 month low of $4.75 and a 12 month high of $7.48.

Barratt Developments Company Profile

Barratt Developments plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.