Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Sees Large Decline in Short Interest

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 1,100 shares, a drop of 81.4% from the September 30th total of 5,900 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 49,300 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 49,300 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Taylor Wimpey Trading Down 0.1%

Shares of TWODY opened at $14.53 on Tuesday. Taylor Wimpey has a 1-year low of $12.32 and a 1-year high of $21.23. The firm has a 50-day simple moving average of $13.61 and a two-hundred day simple moving average of $14.76.

Taylor Wimpey Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, November 28th. Investors of record on Monday, October 13th will be issued a $0.5591 dividend. The ex-dividend date is Friday, October 10th. This represents a dividend yield of 800.0%.

Analysts Set New Price Targets

Several research firms recently issued reports on TWODY. Royal Bank Of Canada cut shares of Taylor Wimpey from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 9th. Zacks Research cut shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. Barclays cut shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 6th. Kepler Capital Markets upgraded shares of Taylor Wimpey to a “strong-buy” rating in a research report on Wednesday, July 23rd. Finally, Peel Hunt upgraded shares of Taylor Wimpey to a “hold” rating in a research report on Friday, August 1st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

About Taylor Wimpey

Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.