Barratt Developments plc (OTCMKTS:BTDPY) Short Interest Update

Barratt Developments plc (OTCMKTS:BTDPY) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 9,000 shares, an increase of 8,900.0% from the January 15th total of 100 shares. Based on an average trading volume of 37,500 shares, the short-interest ratio is presently 0.2 days.

Analyst Ratings Changes

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

Barratt Developments Price Performance

OTCMKTS BTDPY traded down $0.16 on Wednesday, hitting $10.89. The stock had a trading volume of 17,673 shares, compared to its average volume of 23,984. The business’s fifty day moving average price is $10.96 and its 200 day moving average price is $11.98. Barratt Developments has a 52-week low of $9.68 and a 52-week 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.