Travis Perkins plc (OTCMKTS:TPRKY) Short Interest Down 98.1% in May

Travis Perkins plc (OTCMKTS:TPRKY - Get Free Report) saw a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 400 shares, a decline of 98.1% from the May 15th total of 20,900 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 13,700 shares, the short-interest ratio is presently 0.0 days.

Travis Perkins Price Performance

Shares of Travis Perkins stock traded down $0.30 during trading on Friday, hitting $8.38. 710 shares of the stock were exchanged, compared to its average volume of 7,729. The company has a quick ratio of 0.98, a current ratio of 1.65 and a debt-to-equity ratio of 0.22. The company has a fifty day moving average price of $7.91 and a 200-day moving average price of $8.25. Travis Perkins has a 1-year low of $6.31 and a 1-year high of $13.00.

Travis Perkins Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, April 23rd were issued a dividend of $0.1165 per share. This is an increase from Travis Perkins's previous dividend of $0.07. The ex-dividend date of this dividend was Tuesday, April 22nd. This represents a dividend yield of 2.65%.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt upgraded shares of Travis Perkins from a "moderate buy" rating to a "strong-buy" rating in a research note on Thursday, April 3rd.

Travis Perkins Company Profile

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.