Treasury Wine Estates Limited (OTCMKTS:TSRYY) Sees Significant Decline in Short Interest

Treasury Wine Estates Limited (OTCMKTS:TSRYYGet Free Report) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 11,500 shares, a drop of 91.6% from the February 28th total of 137,700 shares. Based on an average daily trading volume, of 569,500 shares, the short-interest ratio is currently 0.0 days.

Treasury Wine Estates Trading Up 1.1 %

Treasury Wine Estates stock traded up $0.07 during mid-day trading on Friday, hitting $6.26. The company had a trading volume of 602,158 shares, compared to its average volume of 285,646. The stock’s 50 day moving average price is $6.60 and its two-hundred day moving average price is $7.18. Treasury Wine Estates has a 12 month low of $5.99 and a 12 month high of $8.86.

Treasury Wine Estates Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, April 14th. Stockholders of record on Friday, March 7th will be issued a dividend of $0.0381 per share. This represents a dividend yield of 3.25%. The ex-dividend date is Thursday, March 6th. This is an increase from Treasury Wine Estates’s previous dividend of $0.04. Treasury Wine Estates’s dividend payout ratio (DPR) is presently -65.14%.

About Treasury Wine Estates

(Get Free Report)

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.

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