Bellway p.l.c. (OTCMKTS:BLWYF) Sees Significant Increase in Short Interest

Bellway p.l.c. (OTCMKTS:BLWYF) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 42,100 shares, a growth of 279.3% from the October 15th total of 11,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 421.0 days.

Bellway Stock Performance

Bellway stock remained flat at $41.00 during midday trading on Wednesday. The firm’s 50 day moving average price is $39.85 and its 200 day moving average price is $36.08. Bellway has a 1 year low of $32.51 and a 1 year high of $41.00.

About Bellway

Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands.