Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Shares Shorted: Short Interest Down 57.4% in September

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT – Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 1,230 shares, a drop of 57.4% from the September 15th total of 2,887 shares. Based on an average daily trading volume, of 8,336 shares, the short-interest ratio is currently 0.1 days.

Dillards Capital Trust I CAP SECS 7.5% Price Performance

Shares of NYSE DDT traded down $0.11 during mid-day trading on Tuesday, reaching $25.74. 14,017 shares of the company traded hands, compared to its average volume of 9,034. Dillards Capital Trust I CAP SECS 7.5% has a fifty-two week low of $25.11 and a fifty-two week high of $26.80. The stock has a fifty day simple moving average of $26.21 and a 200-day simple moving average of $26.19.

Dillards Capital Trust I CAP SECS 7.5% Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Friday, October 16th will be paid a $0.4688 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend is Friday, October 16th.

About Dillards Capital Trust I CAP SECS 7.5%

(Get Free Report)

Dillard’s Capital Trust I is a Delaware statutory trust established by Dillard’s, Inc to issue capital securities known as 7.5% Capital Securities. The securities trade on the New York Stock Exchange under the symbol DDT and represent an interest in the trust’s assets.

The trust’s primary asset consists of subordinated debentures issued by Dillard’s, Inc As a result, Dillard’s Capital Trust I does not operate retail stores or conduct independent commercial activities. Its purpose is generally limited to issuing the capital securities, holding the related debt securities, and making distributions to security holders when payments are received from Dillard’s, Inc

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

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