Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) Short Interest Update

Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,296 shares, a decrease of 74.0% from the June 30th total of 4,977 shares. Based on an average daily trading volume, of 45,745 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

A number of brokerages recently commented on TSRYY. The Goldman Sachs Group initiated coverage on shares of Treasury Wine Estates in a research note on Tuesday, June 23rd. They set a “neutral” rating and a $5.20 price target on the stock. Citigroup upgraded Treasury Wine Estates from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Zacks Research raised shares of Treasury Wine Estates to a “hold” rating in a report on Friday, June 5th. Five research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $5.20.

Treasury Wine Estates Stock Performance

OTCMKTS TSRYY opened at $3.22 on Tuesday. The stock’s 50 day moving average is $3.18 and its 200 day moving average is $3.14. Treasury Wine Estates has a twelve month low of $2.25 and a twelve month high of $5.55.

Treasury Wine Estates Company Profile

Treasury Wine Estates is a Melbourne‐based global wine company that produces, markets and distributes a broad portfolio of wines. Its portfolio spans premium, luxury and commercial brands, including Penfolds, Beringer, Stags’ Leap Family Vineyards, Wolf Blass, Lindeman’s and Matua. The company sources fruit from a mix of owned vineyards and long-term grower partnerships across key wine regions in Australia, California and New Zealand.

The business was established in 2011 following a demerger from Foster’s Group and traces its heritage back to the founding of Penfolds in 1844.