Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Shares Shorted: Short Interest Down 60.2% in September

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 7,713 shares, a decrease of 60.2% from the September 15th total of 19,358 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 22,450 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. UBS Group upgraded shares of Taylor Wimpey to a “strong sell” rating in a research note on Wednesday, September 9th. Zacks Research raised shares of Taylor Wimpey from a “strong sell” rating to a “hold” rating in a report on Monday, October 5th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Taylor Wimpey Price Performance

Shares of OTCMKTS TWODY opened at $9.91 on Thursday. Taylor Wimpey has a 52 week low of $9.57 and a 52 week high of $16.00. The company’s 50-day moving average price is $10.93 and its 200 day moving average price is $10.91. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.99 and a quick ratio of 0.44.

About Taylor Wimpey

Taylor Wimpey plc is a residential property developer that designs and builds homes for private buyers and affordable-housing customers. Its activities include acquiring and managing land, securing planning approvals, developing communities, constructing homes and selling completed properties through its housebuilding operations.

The company operates primarily in the United Kingdom and also has a residential development business in Spain. Its UK operations serve a range of regions and typically provide houses and apartments in both urban and suburban communities, while its Spanish business focuses on residential properties in selected coastal and resort locations.

Taylor Wimpey was formed in 2007 through the merger of Taylor Woodrow and George Wimpey, bringing together businesses with longer histories in construction and housebuilding.