Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Short Interest Update

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

Dillards Capital Trust I CAP SECS 7.5% Stock Performance

DDT stock traded up $0.10 during trading hours on Friday, hitting $26.30. The company’s stock had a trading volume of 21,512 shares, compared to its average volume of 8,692. Dillards Capital Trust I CAP SECS 7.5% has a 12 month low of $25.11 and a 12 month high of $26.80. The stock has a 50 day moving average price of $26.21 and a two-hundred day moving average price of $26.16.

Dillards Capital Trust I CAP SECS 7.5% Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 17th will be issued a dividend of $0.4688 per share. This represents a $1.88 annualized dividend and a yield of 7.1%. 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.