Short Interest in Treasury Wine Estates Limited (OTCMKTS:TSRYY) Drops By 87.9%

Treasury Wine Estates Limited (OTCMKTS:TSRYY) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 13,200 shares, a decline of 87.9% from the February 29th total of 108,700 shares. Based on an average trading volume of 136,800 shares, the short-interest ratio is presently 0.1 days.

Treasury Wine Estates Stock Performance

Treasury Wine Estates stock opened at $8.04 on Thursday. The company has a 50-day moving average price of $7.61 and a 200 day moving average price of $7.37. Treasury Wine Estates has a 12-month low of $6.64 and a 12-month high of $9.58.

Treasury Wine Estates Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, April 15th. Stockholders of record on Thursday, March 7th will be paid a $0.0334 dividend. This is an increase from Treasury Wine Estates’s previous dividend of $0.00. The ex-dividend date is Wednesday, March 6th. Treasury Wine Estates’s payout ratio is -65.14%.

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.