Short Interest in Barratt Developments plc (OTCMKTS:BTDPF) Rises By 7.5%

Barratt Developments plc (OTCMKTS:BTDPF) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 102,700 shares, an increase of 7.5% from the September 30th total of 95,500 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 128.4 days.

Barratt Developments Stock Performance

Shares of OTCMKTS:BTDPF opened at $5.93 on Thursday. The company has a 50 day moving average of $6.31 and a 200-day moving average of $6.25. Barratt Developments has a one year low of $4.75 and a one year high of $7.48.

Barratt Developments Company Profile

Barratt Redrow 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.