Barratt Redrow plc. (OTCMKTS:BTDPY – Get Free Report) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 9,790 shares, a decrease of 55.5% from the September 30th total of 22,022 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 24,780 shares, the days-to-cover ratio is currently 0.4 days.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on BTDPY shares. UBS Group assumed coverage on Barratt Redrow in a research note on Wednesday, September 9th. They set a “buy” rating for the company. Peel Hunt lowered Barratt Redrow from a “moderate buy” rating to a “hold” rating in a research note on Monday, September 21st. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
View Our Latest Research Report on BTDPY
Barratt Redrow Stock Performance
Shares of OTCMKTS BTDPY traded up $0.13 during midday trading on Friday, reaching $8.63. 195 shares of the stock were exchanged, compared to its average volume of 123,389. The stock has a 50 day moving average price of $8.25 and a 200-day moving average price of $8.14. Barratt Redrow has a 52-week low of $6.38 and a 52-week high of $11.24.
Barratt Redrow Company Profile
Barratt Redrow plc is a United Kingdom-based residential property developer created through the combination of Barratt Developments and Redrow. The company builds and sells new homes for a range of buyers, including first-time purchasers, families and customers seeking higher-specification properties.
The group operates through established brands including Barratt Homes, David Wilson Homes, Barratt London and Redrow. Its activities generally include land acquisition, residential planning and design, construction, marketing and the sale of houses and apartments.
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