Short Interest in Taylor Wimpey plc (OTCMKTS:TWODY) Rises By 866.2%

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

Taylor Wimpey Trading Down 1.2 %

Taylor Wimpey stock opened at $14.70 on Friday. The company’s 50 day moving average is $14.59 and its two-hundred day moving average is $17.00. Taylor Wimpey has a 52-week low of $13.18 and a 52-week high of $23.56.

Taylor Wimpey Increases Dividend

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

Analyst Ratings Changes

Separately, Barclays downgraded shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a report 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.