Short Interest in Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Drops By 83.1%

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 5,199 shares, a drop of 83.1% from the July 30th total of 30,725 shares. Based on an average daily volume of 22,842 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Taylor Wimpey Stock Performance

Shares of TWODY opened at $11.67 on Wednesday. Taylor Wimpey has a one year low of $9.79 and a one year high of $16.00. The firm has a 50 day simple moving average of $11.00 and a two-hundred day simple moving average of $11.72.

Analyst Ratings Changes

TWODY has been the subject of several recent analyst reports. Rothschild & Co Redburn cut shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. The Goldman Sachs Group downgraded shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce”.

About Taylor Wimpey

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.