Taylor Wimpey plc (OTCMKTS:TWODY) Sees Large Decrease in Short Interest

Taylor Wimpey plc (OTCMKTS:TWODY) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 6,500 shares, a decrease of 80.9% from the February 13th total of 34,000 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 130,000 shares, the days-to-cover ratio is presently 0.1 days.

Taylor Wimpey Stock Down 1.7 %

Shares of Taylor Wimpey stock traded down $0.26 on Friday, reaching $14.61. The stock had a trading volume of 141,482 shares, compared to its average volume of 227,235. The company has a 50 day moving average price of $14.41 and a 200 day moving average price of $17.47. Taylor Wimpey has a 1 year low of $13.18 and a 1 year 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 issued 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 cut shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research 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.