Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) Stock Short Interest Report for October

Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 2,323 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 25,784 shares, the short-interest ratio is currently 0.1 days.

Treasury Wine Estates Price Performance

TSRYY opened at $4.26 on Friday. The business’s fifty day simple moving average is $3.88 and its 200 day simple moving average is $3.37. Treasury Wine Estates has a 52 week low of $2.25 and a 52 week high of $4.27.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of Treasury Wine Estates from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $5.20.

Institutional Trading of Treasury Wine Estates

A hedge fund recently bought a new position in Treasury Wine Estates stock. Ferguson Wellman Capital Management Inc. bought a new stake in shares of Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $33,000.

Treasury Wine Estates Company Profile

Treasury Wine Estates is an Australia-based global wine company that produces, markets and distributes a broad portfolio of wines. Its products span premium, luxury and commercial wine categories, with offerings sold through retail, hospitality and other distribution channels.

The company’s brand portfolio includes Penfolds, Beringer, 19 Crimes, Wolf Blass, Lindeman’s, Matua, Sterling Vineyards, Wynns and Yellowglen. Treasury Wine Estates manages vineyards, wineries and production operations across major wine-growing regions and serves customers in Australia and New Zealand, the Americas, Europe and Asia.

Treasury Wine Estates was established in 2011 when Foster’s Group separated its beer and wine businesses.