Travis Perkins plc (OTCMKTS:TPRKY) Short Interest Update

Travis Perkins plc (OTCMKTS:TPRKY) saw a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 400 shares, a decrease of 98.1% from the May 15th total of 20,900 shares. Based on an average daily volume of 13,700 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Peel Hunt upgraded Travis Perkins from a “moderate buy” rating to a “strong-buy” rating in a research report on Thursday, April 3rd.

Travis Perkins Stock Performance

Shares of OTCMKTS TPRKY opened at $8.79 on Thursday. The company’s 50-day simple moving average is $7.82 and its 200-day simple moving average is $8.27. The company has a current ratio of 1.65, a quick ratio of 0.98 and a debt-to-equity ratio of 0.22. Travis Perkins has a 52-week low of $6.31 and a 52-week high of $13.00.

Travis Perkins Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, April 23rd were given a $0.1165 dividend. This represents a dividend yield of 2.65%. The ex-dividend date of this dividend was Tuesday, April 22nd. This is an increase from Travis Perkins’s previous dividend of $0.07.

About Travis Perkins

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.