Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Stock Short Interest Drops 57.4%

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

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

Dillards Capital Trust I CAP SECS 7.5% stock traded down $0.11 during midday trading on Tuesday, reaching $25.74. 14,017 shares of the stock 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 firm has a fifty day moving average price of $26.21 and a two-hundred day moving average price of $26.19.

Dillards Capital Trust I CAP SECS 7.5% Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Friday, October 16th will be issued a $0.4688 dividend. This represents a $1.88 dividend on an annualized basis and a 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.

Featured Stories

Receive News & Ratings for Dillards Capital Trust I CAP SECS 7.5% Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dillards Capital Trust I CAP SECS 7.5% and related companies with MarketBeat.com's FREE daily email newsletter.