Taylor Wimpey plc (OTCMKTS:TWODY) Sees Large Decline in Short Interest

Taylor Wimpey plc (OTCMKTS:TWODY) was the target of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 6,500 shares, a drop of 80.9% from the February 13th total of 34,000 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 130,000 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Barclays cut shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a report on Monday, January 6th.

Taylor Wimpey Trading Up 1.5 %

Shares of OTCMKTS TWODY opened at $14.87 on Thursday. Taylor Wimpey has a 1 year low of $13.18 and a 1 year high of $23.56. The company has a 50-day moving average price of $14.42 and a 200-day moving average price of $17.51.

Taylor Wimpey Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, March 28th will be given a $0.5896 dividend. This is a positive change from Taylor Wimpey’s previous dividend of $0.56. The ex-dividend date is Friday, March 28th.

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.