Treasury Wine Estates Limited (OTCMKTS:TSRYY) Sees Significant Drop in Short Interest

Treasury Wine Estates Limited (OTCMKTS:TSRYY) saw a significant decrease in short interest in September. As of September 15th, there was short interest totalling 17,700 shares, a decrease of 13.7% from the August 31st total of 20,500 shares. Based on an average daily volume of 215,000 shares, the short-interest ratio is currently 0.1 days.

Treasury Wine Estates Trading Up 8.0 %

Shares of TSRYY stock opened at $8.23 on Friday. Treasury Wine Estates has a 1 year low of $6.64 and a 1 year high of $8.86. The firm’s 50 day moving average is $7.84 and its 200-day moving average is $7.95.

Treasury Wine Estates Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, August 29th will be given a dividend of $0.0378 per share. This is a positive change from Treasury Wine Estates’s previous dividend of $0.03. The ex-dividend date is Thursday, August 29th. Treasury Wine Estates’s dividend payout ratio is presently -65.14%.

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.