Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Short Interest Down 31.7% in July

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 5,272 shares, a decrease of 31.7% from the June 30th total of 7,716 shares. Based on an average daily trading volume, of 5,371 shares, the days-to-cover ratio is currently 1.0 days.

Dillards Capital Trust I CAP SECS 7.5% Trading Down 0.1%

Shares of NYSE:DDT opened at $26.19 on Friday. The business’s fifty day moving average price is $26.21 and its two-hundred day moving average price is $26.16. Dillards Capital Trust I CAP SECS 7.5% has a one year low of $25.11 and a one year high of $26.80.

Dillards Capital Trust I CAP SECS 7.5% Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 17th will be given a dividend of $0.4688 per share. This represents a $1.88 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Friday, July 17th.

Dillards Capital Trust I CAP SECS 7.5% Company Profile

Dillards Capital Trust I (NYSE: DDT) is a Delaware statutory trust formed by Dillard’s, Inc in 2003 to raise capital through the issuance of 7.50% fixed?rate capital securities. The trust’s sole purpose is to acquire junior subordinated debentures issued by Dillard’s, Inc, using the net proceeds from its securities offering. Holders of DDT securities own undivided beneficial interests in the trust’s assets and receive quarterly distributions, subject to the trust’s payment conditions.

The trust’s underlying sponsor, Dillard’s, Inc, is a U.S.