Short Interest in Taylor Wimpey plc (OTCMKTS:TWODY) Increases By 266.7%

Taylor Wimpey plc (OTCMKTS:TWODY - Get Free Report) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 230,300 shares, an increase of 266.7% from the March 15th total of 62,800 shares. Based on an average trading volume of 533,500 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Taylor Wimpey Stock Performance

Shares of TWODY stock traded up $0.79 during trading hours on Friday, hitting $15.11. 29,043 shares of the company were exchanged, compared to its average volume of 210,717. The business's 50-day simple moving average is $14.38 and its two-hundred day simple moving average is $16.02. Taylor Wimpey has a one year low of $13.05 and a one year high of $23.56.

Taylor Wimpey Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 23rd. Shareholders of record on Friday, March 28th will be given a $0.5896 dividend. The ex-dividend date of this dividend is Friday, March 28th. This is a positive change from Taylor Wimpey's previous dividend of $0.56.

Wall Street Analyst Weigh In

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

Taylor Wimpey Company Profile

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.