The Berkeley Group Holdings plc (OTCMKTS:BKGFY) Short Interest Up 40.6% in June

The Berkeley Group Holdings plc (OTCMKTS:BKGFY) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 83,500 shares, a growth of 40.6% from the May 31st total of 59,400 shares. Based on an average daily trading volume, of 86,800 shares, the days-to-cover ratio is presently 1.0 days.

The Berkeley Group Trading Down 3.9 %

Shares of OTCMKTS:BKGFY traded down $0.48 during midday trading on Friday, reaching $11.84. The company’s stock had a trading volume of 74,130 shares, compared to its average volume of 38,958. The firm has a 50 day moving average of $13.02 and a 200-day moving average of $12.44. The company has a quick ratio of 0.64, a current ratio of 3.57 and a debt-to-equity ratio of 0.19. The Berkeley Group has a 12-month low of $9.54 and a 12-month high of $14.39.

The Berkeley Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, August 12th. Stockholders of record on Monday, July 1st will be given a $0.0737 dividend. The ex-dividend date is Monday, July 1st. This is an increase from The Berkeley Group’s previous dividend of $0.07.

About The Berkeley Group

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.