Tesco PLC (OTCMKTS:TSCDY – Get Free Report) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 60,600 shares, a decline of 81.9% from the May 31st total of 334,700 shares. Based on an average daily volume of 961,500 shares, the short-interest ratio is currently 0.1 days.
Tesco Trading Up 0.7 %
Shares of TSCDY stock opened at $11.75 on Friday. Tesco has a 12 month low of $9.30 and a 12 month high of $12.22. The company has a current ratio of 0.81, a quick ratio of 0.68 and a debt-to-equity ratio of 0.49. The firm has a fifty day moving average price of $11.63 and a 200 day moving average price of $11.26.
Tesco Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Friday, May 17th will be issued a $0.3061 dividend. The ex-dividend date is Thursday, May 16th. This is an increase from Tesco’s previous dividend of $0.14.
Tesco Company Profile
Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.
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