Short Interest in Whitbread PLC - Sponsored ADR (OTCMKTS:WTBDY) Rises By 5,100.0%

Key Points

• Whitbread PLC saw a dramatic 5,100% increase in short interest during July, with a total of 5,200 shares shorted as of July 31.
• The company recently declared a dividend of $0.201, reflecting a yield of 333.0%, up from a previous dividend of $0.11.
• Citigroup has maintained a "buy" rating on Whitbread, indicating positive sentiment towards the company's stock performance.

Whitbread PLC - Sponsored ADR (OTCMKTS:WTBDY - Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 5,200 shares, anincreaseof5,100.0% from the July 15th total of 100 shares. Based on an average daily volume of 4,000 shares, the short-interest ratio is currently 1.3 days. Approximately0.0% of the shares of the company are short sold. Approximately0.0% of the shares of the company are short sold. Based on an average daily volume of 4,000 shares, the short-interest ratio is currently 1.3 days.

Analysts Set New Price Targets

Separately, Citigroup reiterated a "buy" rating on shares of Whitbread in a research note on Monday, June 16th.

Whitbread Price Performance

Whitbread stock traded down $0.05 during trading on Thursday, hitting $10.34. The stock had a trading volume of 278 shares, compared to its average volume of 22,047. The stock's 50 day moving average is $10.04 and its two-hundred day moving average is $9.14. Whitbread has a 1 year low of $7.41 and a 1 year high of $11.21.

Whitbread Increases Dividend

The business also recently declared a dividend, which was paid on Monday, July 7th. Stockholders of record on Monday, May 26th were given a $0.201 dividend. This represents a dividend yield of 333.0%. This is a boost from Whitbread's previous dividend of $0.11. The ex-dividend date was Friday, May 23rd.

About Whitbread

Whitbread plc operates hotels and restaurants in the United Kingdom, Germany, and internationally. It operates hotels under the Premier Inn, ZIP by Premier Inn, and hub by Premier Inn brands. The company operates restaurants under the Brewers Fayre, Beefeater, Cookhouse & Pub, Bar+Block Steakhouse, Thyme, and Table Table brands in the United Kingdom.

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