Taylor Wimpey plc (OTCMKTS:TWODY) Sees Significant Growth in Short Interest

Taylor Wimpey plc (OTCMKTS:TWODY) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 62,800 shares, a growth of 866.2% from the February 28th total of 6,500 shares. Based on an average trading volume of 705,900 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Taylor Wimpey Price Performance

Taylor Wimpey stock traded up $0.00 during midday trading on Wednesday, hitting $14.87. The company’s stock had a trading volume of 834,887 shares, compared to its average volume of 243,605. Taylor Wimpey has a 12 month low of $13.18 and a 12 month high of $23.56. The stock’s 50-day moving average price is $14.55 and its 200-day moving average price is $17.03.

Taylor Wimpey Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, March 28th will be issued a dividend of $0.5896 per share. This is a boost from Taylor Wimpey’s previous dividend of $0.56. The ex-dividend date of this dividend is Friday, March 28th.

Analyst Ratings Changes

Separately, Barclays lowered Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research note 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.