Treasury Wine Estates Limited (OTCMKTS:TSRYF – Get Free Report) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 3,474,800 shares, a growth of 22.4% from the December 31st total of 2,839,300 shares. Based on an average trading volume of 7,900 shares, the days-to-cover ratio is presently 439.8 days. Treasury Wine Estates Price Performance Shares of OTCMKTS:TSRYF remained flat at $6.70 during midday trading on Friday. The stock had a trading volume of 10 shares, compared to its average volume of 145. Treasury Wine Estates has a 52-week low of $6.34 and a 52-week high of $8.45. The business has a 50-day simple moving average of $6.90 and a two-hundred day simple moving average of $7.49.
The company’s wine portfolio includes a range of still wines, sparkling wines, and fortified wines.
Company Overview**
Treasury Wine Estates Limited is a leading wine company with a rich history dating back to 1838. The company’s origins can be traced back to the establishment of the Penfolds winery in South Australia. Over the years, the company has expanded its operations to become one of the largest wine companies in the world.
Business Operations**
The company’s business operations are primarily focused on the production, marketing, and distribution of wine.
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