Treasury Wine Estates Limited (OTCMKTS:TSRYY) Short Interest Down 47.0% in August

Treasury Wine Estates Limited (OTCMKTS:TSRYY) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 20,500 shares, a drop of 47.0% from the August 15th total of 38,700 shares. Based on an average trading volume of 111,500 shares, the short-interest ratio is currently 0.2 days.

Treasury Wine Estates Trading Down 2.3 %

Shares of Treasury Wine Estates stock opened at $7.52 on Friday. Treasury Wine Estates has a 1-year low of $6.64 and a 1-year high of $8.86. The company’s fifty day simple moving average is $8.00 and its 200-day simple moving average is $7.99.

Treasury Wine Estates Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, October 11th. Shareholders of record on Thursday, August 29th will be issued a dividend of $0.0378 per share. The ex-dividend date is Thursday, August 29th. This is a positive change from Treasury Wine Estates’s previous dividend of $0.03. Treasury Wine Estates’s payout ratio is currently -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.