Barratt Developments plc (OTCMKTS:BTDPF) Short Interest Up 5.6% in May

Barratt Developments plc (OTCMKTS:BTDPF) saw a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 379,400 shares, an increase of 5.6% from the May 15th total of 359,200 shares. Based on an average trading volume of 800 shares, the days-to-cover ratio is currently 474.3 days.

Barratt Developments Stock Performance

Shares of Barratt Developments stock opened at $6.35 on Thursday. Barratt Developments has a 52-week low of $4.75 and a 52-week high of $7.48. The stock’s 50-day simple moving average is $6.15 and its 200 day simple moving average is $6.42.

About Barratt Developments

Barratt Developments 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.