Taylor Wimpey plc (OTCMKTS:TWODY) Short Interest Up 866.2% in March

Taylor Wimpey plc (OTCMKTS:TWODY) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 62,800 shares, a growth of 866.2% from the February 28th total of 6,500 shares. Based on an average daily volume of 705,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Taylor Wimpey Trading Up 0.0 %

OTCMKTS:TWODY opened at $14.87 on Thursday. The company has a fifty day moving average of $14.57 and a 200-day moving average of $17.01. Taylor Wimpey has a twelve month low of $13.18 and a twelve month high of $23.56.

Taylor Wimpey Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, March 28th will be given a $0.5896 dividend. The ex-dividend date of this dividend is Friday, March 28th. This is a boost from Taylor Wimpey’s previous dividend of $0.56.

Analysts Set New Price Targets

Separately, Barclays lowered Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research note 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.