Treasury Wine Estates Limited (OTCMKTS:TSRYF) Sees Significant Growth in Short Interest

Treasury Wine Estates Limited (OTCMKTS:TSRYF) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 4,673,500 shares, an increase of 27.7% from the January 31st total of 3,658,900 shares. Based on an average trading volume of 14,900 shares, the short-interest ratio is presently 313.7 days.

Treasury Wine Estates Price Performance

Shares of TSRYF stock remained flat at $6.84 during trading hours on Wednesday. 20 shares of the stock traded hands, compared to its average volume of 637. Treasury Wine Estates has a fifty-two week low of $6.34 and a fifty-two week high of $8.45. The stock has a 50-day simple moving average of $6.74 and a 200 day simple moving average of $7.28.

Treasury Wine Estates Announces Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Thursday, March 6th will be issued a $0.20 dividend. This represents a yield of 3.62%. The ex-dividend date is Wednesday, March 5th. Treasury Wine Estates’s payout ratio is -38.46%.

Treasury Wine Estates Company Profile

Treasury Wine Estates Limited operates as a wine company primarily in Australia, the United States, the United Kingdom, and internationally. 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 Penfolds, DAOU Vineyards, Wolf Blass, 19 Crimes, St Hubert’s The Stag, Lindeman’s, Squealing pig, Blossom Hill, Frank Family Vineyards, Pepperjack, Wynns, Matua, Seppelt, Beringer, Etude, Sterling Vineyards, Beaulieu Vineyard, Stags’ Leap, Beringer Bros, and Castello di Gabbiano.