Virgin Money UK PLC (OTCMKTS:CYBBF) Short Interest Down 54.0% in April

Virgin Money UK PLC (OTCMKTS:CYBBFGet Rating) saw a large drop in short interest in April. As of April 30th, there was short interest totalling 223,400 shares, a drop of 54.0% from the April 15th total of 485,800 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

A number of equities analysts have commented on CYBBF shares. Barclays cut Virgin Money UK from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, April 5th. Keefe, Bruyette & Woods raised Virgin Money UK from a “market perform” rating to an “outperform” rating in a research note on Tuesday, March 22nd. UBS Group cut Virgin Money UK from a “buy” rating to a “neutral” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. raised Virgin Money UK from an “underweight” rating to a “neutral” rating in a research note on Tuesday, March 29th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $235.00.

Shares of CYBBF stock remained flat at $$2.17 during trading hours on Friday. The stock had a trading volume of 26 shares, compared to its average volume of 630. Virgin Money UK has a 12-month low of $2.17 and a 12-month high of $2.17. The business’s 50 day moving average is $2.17 and its two-hundred day moving average is $2.24.

Virgin Money UK Company Profile (Get Rating)

Virgin Money UK PLC provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and Virgin Money brands in the United Kingdom. The company offers savings and current accounts, mortgages, credit cards, and home loans; business loans, overdraft facilities, treasury solutions, and corporate and structured finance; asset finance and wealth referral services; risk management; international trade services; currency services, pensions, and investments and protection products; and home, car, travel, and life and critical illness insurance products.

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