Short Interest in Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Drops By 83.1%

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 5,199 shares, a decline of 83.1% from the July 30th total of 30,725 shares. Based on an average trading volume of 22,842 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Taylor Wimpey Trading Up 2.7%

Shares of OTCMKTS:TWODY opened at $11.67 on Wednesday. The company has a fifty day moving average of $11.00 and a 200-day moving average of $11.72. Taylor Wimpey has a 52-week low of $9.79 and a 52-week high of $16.00.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TWODY. Rothschild & Co Redburn cut shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th. The Goldman Sachs Group lowered shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 26th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce”.

Taylor Wimpey Company Profile

Taylor Wimpey plc is a leading residential developer headquartered in High Wycombe, Buckinghamshire, United Kingdom. The company specializes in the acquisition, planning and construction of new homes for private sale, affordable housing and joint?venture partnerships. With a focus on delivering quality, sustainable communities, Taylor Wimpey guides projects from initial land sourcing and development planning through to marketing, build?out and after?sales management.

Founded in 2007 through the merger of Taylor Woodrow and George Wimpey—each with roots dating back to the early 20th century—Taylor Wimpey has grown to become one of the largest homebuilders in the UK.