Bellway p.l.c. (OTCMKTS:BLWYF) Sees Large Growth in Short Interest

Bellway p.l.c. (OTCMKTS:BLWYF) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 42,100 shares, a growth of 279.3% from the October 15th total of 11,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 421.0 days.

Bellway Price Performance

Shares of BLWYF remained flat at $41.00 during mid-day trading on Thursday. Bellway has a one year low of $32.51 and a one year high of $41.00. The company has a 50-day moving average of $39.86 and a two-hundred day moving average of $36.12.

Bellway Company Profile

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands.