Short Interest in Treasury Wine Estates Limited (OTCMKTS:TSRYF) Drops By 20.2%

Treasury Wine Estates Limited (OTCMKTS:TSRYF) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 3,903,800 shares, a decline of 20.2% from the February 28th total of 4,894,300 shares. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is presently 1,219.9 days.

Treasury Wine Estates Price Performance

Shares of OTCMKTS:TSRYF opened at $6.00 on Monday. Treasury Wine Estates has a 12 month low of $5.95 and a 12 month high of $8.28. The company’s 50-day moving average price is $6.43 and its two-hundred day moving average price is $7.04.

Treasury Wine Estates Dividend Announcement

The company also recently announced a dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Thursday, March 6th will be paid a $0.20 dividend. The ex-dividend date is Wednesday, March 5th. This represents a dividend yield of 3.62%. Treasury Wine Estates’s dividend payout ratio (DPR) is currently -38.46%.

About Treasury Wine Estates

Treasury Wine Estates Limited operates as a wine company primarily in Australia, the United States, the United Kingdom, and internationally. 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 Penfolds, DAOU Vineyards, Wolf Blass, 19 Crimes, St Hubert’s The Stag, Lindeman’s, Squealing pig, Blossom Hill, Frank Family Vineyards, Pepperjack, Wynns, Matua, Seppelt, Beringer, Etude, Sterling Vineyards, Beaulieu Vineyard, Stags’ Leap, Beringer Bros, and Castello di Gabbiano.