Short Interest in Whitbread PLC – Sponsored ADR (OTCMKTS:WTBDY) Declines By 95.9%
by Teresa Graham · The Cerbat GemWhitbread PLC – Sponsored ADR (OTCMKTS:WTBDY – Get Free Report) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 1,819 shares, a drop of 95.9% from the April 15th total of 44,382 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 51,441 shares, the short-interest ratio is presently 0.0 days.
Whitbread Trading Down 4.5%
OTCMKTS:WTBDY traded down $0.37 during mid-day trading on Monday, hitting $7.85. The company had a trading volume of 21,238 shares, compared to its average volume of 22,603. The business has a fifty day simple moving average of $8.08 and a 200-day simple moving average of $8.67. Whitbread has a 1 year low of $7.42 and a 1 year high of $11.06.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the company. Morgan Stanley restated an “overweight” rating on shares of Whitbread in a report on Wednesday, January 14th. Citigroup restated a “buy” rating on shares of Whitbread in a report on Thursday, January 15th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Whitbread in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Whitbread currently has an average rating of “Moderate Buy”.
Get Our Latest Stock Analysis on Whitbread
About Whitbread
Whitbread plc is a UK-based hospitality company primarily engaged in hotel and restaurant operations. Its flagship brand, Premier Inn, is one of the largest budget hotel chains in the United Kingdom, offering standardized accommodation across city centre and suburban locations. In addition to hotels, Whitbread operates a portfolio of food and beverage outlets, including family-oriented restaurants and pubs that cater to both leisure and business travellers.
The company’s hotel portfolio comprises hundreds of properties in the UK, alongside an established presence in Germany and select international markets under the Premier Inn banner.