Barratt Developments plc (OTCMKTS:BTDPF) Sees Large Increase in Short Interest

Barratt Developments plc (OTCMKTS:BTDPFGet Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 102,700 shares, a growth of 7.5% from the September 30th total of 95,500 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 128.4 days.

Barratt Developments Price Performance

Shares of BTDPF stock opened at $5.93 on Wednesday. The firm’s 50-day moving average is $6.31 and its two-hundred day moving average is $6.25. Barratt Developments has a 12 month low of $4.75 and a 12 month high of $7.48.

Barratt Developments Company Profile

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Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.

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