Tesco PLC (OTCMKTS:TSCDY) Short Interest Down 34.5% in April

Tesco PLC (OTCMKTS:TSCDY) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 216,500 shares, a drop of 34.5% from the March 31st total of 330,600 shares. Based on an average daily trading volume, of 215,700 shares, the short-interest ratio is presently 1.0 days.

Tesco Stock Down 0.5 %

Shares of OTCMKTS TSCDY opened at $10.91 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.59 and a debt-to-equity ratio of 0.49. Tesco has a twelve month low of $9.30 and a twelve month high of $11.74. The business has a 50 day simple moving average of $11.01 and a 200-day simple moving average of $10.81.

Tesco Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Friday, May 17th will be issued a dividend of $0.3061 per share. This is a boost from Tesco’s previous dividend of $0.14. The ex-dividend date of this dividend is Thursday, May 16th.

Tesco Company Profile

Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.