Short Interest in Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Increases By 72.9%

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 9,874 shares, a growth of 72.9% from the August 15th total of 5,712 shares. Based on an average daily trading volume, of 10,087 shares, the days-to-cover ratio is currently 1.0 days.

Dillards Capital Trust I CAP SECS 7.5% Trading Down 0.4%

Shares of Dillards Capital Trust I CAP SECS 7.5% stock traded down $0.12 during trading on Wednesday, reaching $26.02. The company’s stock had a trading volume of 13,659 shares, compared to its average volume of 8,833. The business’s 50-day moving average price is $26.27 and its 200-day moving average price is $26.16. Dillards Capital Trust I CAP SECS 7.5% has a 52 week low of $25.11 and a 52 week high of $26.80.

Dillards Capital Trust I CAP SECS 7.5% Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 16th will be paid a $0.4688 dividend. The ex-dividend date is Friday, October 16th. This represents a $1.88 annualized dividend and a yield of 7.2%.

About Dillards Capital Trust I CAP SECS 7.5%

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.