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

Taylor Wimpey plc (OTCMKTS:TWODY - Get Free Report) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 34,700 shares, a decrease of 84.9% from the March 31st total of 230,300 shares. Based on an average trading volume of 109,900 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company's shares are sold short.

Taylor Wimpey Stock Performance

Shares of Taylor Wimpey stock traded up $0.29 during trading on Tuesday, hitting $15.64. 11,916 shares of the stock traded hands, compared to its average volume of 196,309. Taylor Wimpey has a 52-week low of $13.05 and a 52-week high of $23.56. The stock's fifty day simple moving average is $14.48 and its 200 day simple moving average is $15.68.

Taylor Wimpey Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, March 28th will be given a dividend of $0.5896 per share. This is an increase 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 cut 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.