Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) Sees Large Growth in Short Interest

Key Points

• Treasury Wine Estates Ltd. experienced an 830.9% increase in short interest during August, reaching a total of 51,200 shares by August 15th.
• The company has announced a dividend increase, with a payment of $0.0393 per share, reflecting a dividend yield of 426.0%.
• Shares of Treasury Wine Estates are currently trading at $5.18, with a 12-month price range of $4.76 to $8.63.

Treasury Wine Estates Ltd. (OTCMKTS:TSRYY - Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 15th, there was short interest totaling 51,200 shares, anincreaseof830.9% from the July 31st total of 5,500 shares. Based on an average daily volume of 615,400 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 615,400 shares, the days-to-cover ratio is presently 0.1 days.

Treasury Wine Estates Stock Performance

OTCMKTS TSRYY traded down $0.13 during trading hours on Friday, reaching $5.12. The stock had a trading volume of 125,035 shares, compared to its average volume of 258,364. Treasury Wine Estates has a 52-week low of $4.76 and a 52-week high of $8.63. The stock has a fifty day moving average of $5.15 and a 200 day moving average of $5.54. The stock has a market cap of $4.15 billion and a P/E ratio of -32.82.

Treasury Wine Estates Increases Dividend

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

Treasury Wine Estates Company Profile

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.