Taylor Wimpey plc (OTCMKTS:TWODY) Short Interest Up 266.7% in March

Taylor Wimpey plc (OTCMKTS:TWODY) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 230,300 shares, a growth of 266.7% from the March 15th total of 62,800 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 533,500 shares, the days-to-cover ratio is currently 0.4 days.

Wall Street Analyst Weigh In

Separately, Barclays cut shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 6th.

Taylor Wimpey Stock Up 4.0 %

Taylor Wimpey stock traded up $0.56 during mid-day trading on Wednesday, hitting $14.64. The company’s stock had a trading volume of 25,297 shares, compared to its average volume of 216,135. Taylor Wimpey has a 52-week low of $13.05 and a 52-week high of $23.56. The firm’s 50 day moving average is $14.37 and its 200 day moving average is $16.13.

Taylor Wimpey Increases Dividend

The business also recently declared 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 is Friday, March 28th.

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.