Short Interest in J d Wetherspoon Plc (OTCMKTS:JDWPY) Drops By 82.9%

J d Wetherspoon Plc (OTCMKTS:JDWPY) saw a large decline in short interest in April. As of April 15th, there was short interest totaling 21 shares, a decline of 82.9% from the March 31st total of 123 shares. Based on an average daily volume of 4 shares, the days-to-cover ratio is presently 5.3 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered J d Wetherspoon from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday, March 31st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

J d Wetherspoon Price Performance

Shares of JDWPY stock remained flat at $46.00 during midday trading on Friday. 10 shares of the stock were exchanged, compared to its average volume of 2. The business’s fifty day moving average price is $45.54 and its 200 day moving average price is $43.72. J d Wetherspoon has a 52 week low of $44.48 and a 52 week high of $46.00. The company has a current ratio of 0.28, a quick ratio of 0.19 and a debt-to-equity ratio of 3.09.

J d Wetherspoon Company Profile

J D Wetherspoon plc operates one of the largest pub chains in the United Kingdom and Ireland, offering a broad portfolio of food and beverage services. The company’s pubs provide traditional British pub fare alongside a selection of real ales, craft beers, spirits, soft drinks and specialty coffees. In addition to core food and drink offerings, many locations feature breakfast menus, light bites and themed events, catering to a diverse demographic of casual diners, families and pub patrons.

Founded in 1979 by Tim Martin with the opening of “The Moon Under Water” in Muswell Hill, north London, Wetherspoon has expanded through both freehold acquisitions and long-term leases.