Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) Short Interest Up 67.2% in August

Key Points

• Short interest in Treasury Wine Estates Ltd. increased by 67.2%, rising from 51,200 shares to 85,600 shares as of August 31.
• The company's stock is currently down by 1.8% and has a market cap of $4.12 billion, with a PE ratio of -32.56.
• Treasury Wine Estates announced a dividend of $0.0393 with a remarkable dividend yield of 426.0%, despite a negative payout ratio of -141.03%.

Treasury Wine Estates Ltd. (OTCMKTS:TSRYY - Get Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 85,600 shares, an increase of 67.2% from the August 15th total of 51,200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 477,100 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 477,100 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Treasury Wine Estates Stock Performance

Shares of OTCMKTS:TSRYY traded down $0.08 during trading on Friday, hitting $4.95. 113,768 shares of the stock were exchanged, compared to its average volume of 313,334. The company has a market capitalization of $4.01 billion and a price-to-earnings ratio of -31.70. Treasury Wine Estates has a 1-year low of $4.76 and a 1-year high of $8.63. The company's fifty day simple moving average is $5.13 and its 200-day simple moving average is $5.44.

Treasury Wine Estates Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, October 14th. Shareholders of record on Friday, August 29th will be paid a dividend of $0.0393 per share. This is an increase from Treasury Wine Estates's previous dividend of $0.04. This represents a yield of 426.0%. The ex-dividend date is Thursday, August 28th. Treasury Wine Estates's dividend payout ratio is presently -141.03%.

About Treasury Wine Estates

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.