Barratt Developments plc (OTCMKTS:BTDPY – Get Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 5,800 shares, an increase of 866.7% from the March 31st total of 600 shares. Based on an average daily volume of 18,800 shares, the days-to-cover ratio is currently 0.3 days.
Barratt Developments Price Performance
Shares of BTDPY stock remained flat at $11.23 during trading hours on Thursday. The stock had a trading volume of 8,925 shares, compared to its average volume of 11,870. The firm’s fifty day simple moving average is $11.84 and its 200 day simple moving average is $12.27. Barratt Developments has a one year low of $9.45 and a one year high of $14.55.
Barratt Developments Cuts Dividend
The business also recently declared a dividend, which will be paid on Monday, June 3rd. Stockholders of record on Friday, April 12th will be paid a $0.0992 dividend. The ex-dividend date is Thursday, April 11th.
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.
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