Short Interest in Taylor Wimpey plc (OTCMKTS:TWODY) Increases By 266.7%

Taylor Wimpey plc (OTCMKTS:TWODY - Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 230,300 shares, an increase of 266.7% from the March 15th total of 62,800 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 533,500 shares, the short-interest ratio is presently 0.4 days.

Taylor Wimpey Price Performance

OTCMKTS:TWODY traded up $0.79 on Friday, reaching $15.11. 29,043 shares of the company's stock traded hands, compared to its average volume of 210,717. The stock has a 50-day simple moving average of $14.38 and a 200-day simple moving average of $15.93. Taylor Wimpey has a 12 month low of $13.05 and a 12 month high of $23.56.

Taylor Wimpey Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, March 28th will be given a dividend of $0.5896 per share. The ex-dividend date is Friday, March 28th. This is a boost from Taylor Wimpey's previous dividend of $0.56.

Wall Street Analyst Weigh In

Separately, Barclays lowered shares of Taylor Wimpey from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 6th.

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.