Tabcorp Holdings Limited (OTCMKTS:TACBY) Sees Large Decrease in Short Interest

Tabcorp Holdings Limited (OTCMKTS:TACBYGet Rating) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totalling 300 shares, a drop of 62.5% from the March 31st total of 800 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 1.5 days.

Shares of OTCMKTS:TACBY remained flat at $$7.57 on Friday. Tabcorp has a 1-year low of $6.80 and a 1-year high of $8.22. The company’s 50-day moving average is $7.64 and its 200 day moving average is $7.49.

The business also recently declared a dividend, which was paid on Friday, April 1st. Stockholders of record on Monday, February 28th were issued a dividend of $0.0825 per share. The ex-dividend date was Friday, February 25th. This represents a dividend yield of 2.3%.

About Tabcorp (Get Rating)

Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. Its Lotteries and Keno segment operates lotteries and Kenos primarily under the Set for Life, Powerball, Oz Lotto, TattsLotto, Saturday Lotto, Gold Lotto, X Lotto, Monday and Wednesday Lotto, Lucky Lotteries, Lotto Strike, Super 66, Keno, and Instant Scratch-Its brands.

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