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) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 9,874 shares, an increase of 72.9% from the August 15th total of 5,712 shares. Based on an average daily trading volume, of 10,087 shares, the short-interest ratio is currently 1.0 days.

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

Dillards Capital Trust I CAP SECS 7.5% stock traded down $0.12 during trading hours on Wednesday, hitting $26.02. The company had a trading volume of 13,659 shares, compared to its average volume of 8,833. Dillards Capital Trust I CAP SECS 7.5% has a one year low of $25.11 and a one year high of $26.80. The firm has a 50-day moving average of $26.27 and a 200 day moving average of $26.16.

Dillards Capital Trust I CAP SECS 7.5% Announces Dividend

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

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.