Short Interest in Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY) Expands By 84.4%

Key Points

• Short interest in Taylor Wimpey PLC Unsponsored ADR rose significantly by 84.4% in September, totaling 5,900 shares compared to 3,200 shares earlier in the month.
• The company announced a $0.5591 dividend set to be paid on November 28th, representing an extraordinary dividend yield of 800.0%.
• Analyst ratings for Taylor Wimpey are mixed, with one Strong Buy, two Hold, and two Sell ratings, resulting in a consensus rating of "Hold."

Taylor Wimpey PLC Unsponsored ADR (OTCMKTS:TWODY - Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 5,900 shares, an increase of 84.4% from the September 15th total of 3,200 shares. Based on an average daily trading volume, of 99,600 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 99,600 shares, the short-interest ratio is currently 0.1 days.

Taylor Wimpey Stock Performance

TWODY opened at $13.87 on Tuesday. Taylor Wimpey has a fifty-two week low of $12.32 and a fifty-two week high of $21.78. The company's 50-day moving average is $13.53 and its 200 day moving average is $14.73.

Taylor Wimpey Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Barclays lowered shares of Taylor Wimpey from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 6th. Zacks Research cut shares of Taylor Wimpey from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 16th. Kepler Capital Markets raised shares of Taylor Wimpey to a "strong-buy" rating in a research report on Wednesday, July 23rd. Peel Hunt raised shares of Taylor Wimpey to a "hold" rating in a research report on Friday, August 1st. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus 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.

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