The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Sees Significant Growth in Short Interest

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 83,500 shares, a growth of 40.6% from the May 31st total of 59,400 shares. Based on an average daily volume of 86,800 shares, the days-to-cover ratio is currently 1.0 days.

The Berkeley Group Price Performance

OTCMKTS BKGFY opened at $11.84 on Monday. The firm’s fifty day simple moving average is $13.02 and its two-hundred day simple moving average is $12.45. The company has a quick ratio of 0.64, a current ratio of 3.57 and a debt-to-equity ratio of 0.19. The Berkeley Group has a 12-month low of $9.54 and a 12-month high of $14.39.

The Berkeley Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, August 12th. Stockholders of record on Monday, July 1st will be issued a dividend of $0.0737 per share. The ex-dividend date is Monday, July 1st. This is a positive change from The Berkeley Group’s previous dividend of $0.07.

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.