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

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

Treasury Wine Estates Price Performance

Shares of OTCMKTS:TSRYF opened at $6.00 on Wednesday. The company’s fifty day moving average is $6.42 and its two-hundred day moving average is $7.02. Treasury Wine Estates has a 12-month low of $5.95 and a 12-month high of $8.28.

Treasury Wine Estates Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Thursday, March 6th will be given a dividend of $0.20 per share. The ex-dividend date is Wednesday, March 5th. This represents a yield of 3.62%. Treasury Wine Estates’s payout ratio is presently -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.