Barratt Developments plc (OTCMKTS:BTDPY) Short Interest Update

Barratt Developments plc (OTCMKTS:BTDPY) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 9,000 shares, a growth of 8,900.0% from the January 15th total of 100 shares. Based on an average daily volume of 37,500 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada raised shares of Barratt Developments from a “hold” rating to a “moderate buy” rating in a research note on Monday, December 2nd.

Barratt Developments Trading Up 6.5 %

OTCMKTS BTDPY opened at $11.60 on Thursday. The business’s 50-day moving average price is $10.97 and its two-hundred day moving average price is $11.96. Barratt Developments has a 12 month low of $9.68 and a 12 month high of $14.85.

About Barratt Developments

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.