Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Short Interest Up 362.6% in August

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODYGet Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 24,050 shares, a growth of 362.6% from the August 15th total of 5,199 shares. Based on an average daily trading volume, of 22,592 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Several equities analysts recently commented on TWODY shares. 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. Rothschild & Co Redburn cut shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

View Our Latest Report on Taylor Wimpey

Taylor Wimpey Stock Down 1.2%

TWODY opened at $10.77 on Friday. Taylor Wimpey has a twelve month low of $9.79 and a twelve month high of $16.00. The company has a 50-day simple moving average of $11.12 and a 200 day simple moving average of $11.36.

About Taylor Wimpey

(Get Free Report)

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.

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