Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) Short Interest Update

Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 189,346 shares, an increase of 224.1% from the April 15th total of 58,421 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 196,498 shares, the short-interest ratio is currently 1.0 days.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TSRYY. Citigroup upgraded Treasury Wine Estates from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. UBS Group cut shares of Treasury Wine Estates from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $5.20.

Treasury Wine Estates Stock Performance

TSRYY opened at $2.99 on Friday. Treasury Wine Estates has a 52-week low of $2.25 and a 52-week high of $5.88. The company’s 50-day simple moving average is $2.81 and its two-hundred day simple moving average is $3.33.

About Treasury Wine Estates

Treasury Wine Estates is a Melbourne?based global wine company that produces, markets and distributes a broad portfolio of wines. Its portfolio spans premium, luxury and commercial brands, including Penfolds, Beringer, Stags’ Leap Family Vineyards, Wolf Blass, Lindeman’s and Matua. The company sources fruit from a mix of owned vineyards and long-term grower partnerships across key wine regions in Australia, California and New Zealand.

The business was established in 2011 following a demerger from Foster’s Group and traces its heritage back to the founding of Penfolds in 1844.