Treasury Wine Estates Limited (OTCMKTS:TSRYF) Sees Large Decline in Short Interest

Treasury Wine Estates Limited (OTCMKTS:TSRYF) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 1,279,800 shares, a drop of 25.6% from the August 15th total of 1,720,500 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 6,399.0 days.

OTCMKTS:TSRYF opened at $6.61 on Thursday. Treasury Wine Estates has a 52 week low of $4.69 and a 52 week high of $13.16. The firm’s 50-day simple moving average is $7.41 and its 200 day simple moving average is $6.88.

Treasury Wine Estates Company Profile

Treasury Wine Estates Limited operates as a wine company in Australia, New Zealand, Asia, Europe, and the Americas. It engages in the viticulture and winemaking; and marketing, sale, and distribution of wine. The company's wine portfolio includes luxury, masstige, and commercial wine brands, such as Penfolds, Beringer, Lindeman's, Wolf Blass, 19 Crimes, Chateau St Jean, Beaulieu Vineyard, and Sterling Vineyards.

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