Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Sees Significant Increase in Short Interest

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 37,419 shares, a growth of 117.8% from the June 30th total of 17,177 shares. Based on an average daily volume of 62,328 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Taylor Wimpey Stock Performance

Shares of TWODY stock opened at $11.19 on Thursday. The firm has a 50 day moving average price of $10.65 and a two-hundred day moving average price of $12.15. Taylor Wimpey has a 12-month low of $9.79 and a 12-month high of $16.00.

Analyst Ratings Changes

Several research analysts have recently weighed in on TWODY shares. Rothschild & Co Redburn cut Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. The Goldman Sachs Group lowered Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 26th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Taylor Wimpey has a consensus 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.