Barratt Developments plc (OTCMKTS:BTDPY) Short Interest Down 50.0% in March

Barratt Developments plc (OTCMKTS:BTDPY) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the February 28th total of 200 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 38,200 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

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

Barratt Developments Price Performance

Barratt Developments stock traded up $0.08 during midday trading on Friday, reaching $11.15. The stock had a trading volume of 16,347 shares, compared to its average volume of 19,265. The stock’s 50-day simple moving average is $11.07 and its 200 day simple moving average is $11.41. Barratt Developments has a twelve month low of $9.68 and a twelve month high of $14.85.

Barratt Developments Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 2nd. Stockholders of record on Friday, April 4th will be paid a $0.1416 dividend. The ex-dividend date is Friday, April 4th.

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.