Short Interest in Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) Grows By 1,623.8%

Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 72,400 shares, a growth of 1,623.8% from the September 30th total of 4,200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 826,800 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 826,800 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Separately, UBS Group lowered shares of Treasury Wine Estates from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Treasury Wine Estates has a consensus rating of “Hold”.

Treasury Wine Estates Price Performance

Shares of TSRYY opened at $4.01 on Tuesday. The business’s 50-day moving average is $4.72 and its two-hundred day moving average is $5.12. Treasury Wine Estates has a fifty-two week low of $3.79 and a fifty-two week high of $8.00.

Treasury Wine Estates Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, October 14th. Investors of record on Friday, August 29th were given a dividend of $0.0393 per share. This is an increase from Treasury Wine Estates’s previous dividend of $0.04. This represents a yield of 426.0%. The ex-dividend date was Thursday, August 28th.

About Treasury Wine Estates

Treasury Wine Estates Limited operates as a wine company primarily in Australia, New Zealand, Asia, Europe, the United Kingdom, the Middle East, Africa, and the Americas. The company engages in the viticulture and winemaking; and marketing, sale, and distribution of wine. Its wine portfolio includes luxury, premium and commercial wine brands, such as 19 Crimes, Acacia Vineyard, Annie's Lane, Beaulieu Vineyard, Belcreme de Lys, Beringer Vineyards, Blossom Hill, Cavaliere d'Oro, Coldstream Hills, Devil's Lair, EMBRAZEN, Etude, Fifth Leg, Heemskerk, Hewitt Vineyard, Ingoldby, Jamieson's Run, Killawarra, Leo Buring, Lindeman's, Maison de Grand Esprit, Matua, Penfolds, Pepperjack, Rawson's Retreat, Rosemount Estate, Run Riot, Saltram, Samuel Wynn & Co, Secret Stone, Seppelt, Shingle Peak, Sledgehammer, Squealing pig, St Huberts, Stags' Leap Winery, Stellina di Notte, Sterling Vineyards, T'Gallant, The Walking Dead Wine, Wolf Blass, Wynns Coonawarra Estate, and Yellowglen.