Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Short Interest Down 72.6% in May

Posted by Stanley Muller on Jun 11th, 2026

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP – Get Free Report) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,268 shares, a drop of 72.6% from the May 14th total of 4,624 shares. Based on an average daily volume of 3,713 shares, the days-to-cover ratio is presently 0.3 days.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Price Performance

HOVNP traded down $0.00 during trading hours on Thursday, hitting $20.44. 1,851 shares of the company’s stock were exchanged, compared to its average volume of 5,315. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a 12-month low of $16.14 and a 12-month high of $21.90. The firm has a 50 day moving average of $20.65 and a 200 day moving average of $20.65.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.4766 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $1.91 dividend on an annualized basis and a dividend yield of 9.3%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Hovnanian Enterprises, Inc. PFD DEP1/1000A stock. Shikiar Asset Management Inc. boosted its stake in shares of Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP – Free Report) by 3.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,550 shares of the company’s stock after purchasing an additional 1,075 shares during the quarter. Shikiar Asset Management Inc.’s holdings in Hovnanian Enterprises, Inc. PFD DEP1/1000A were worth $585,000 as of its most recent SEC filing.

About Hovnanian Enterprises, Inc. PFD DEP1/1000A

(Get Free Report)

Hovnanian Enterprises, Inc is a publicly traded homebuilding company active primarily in the United States. Through its network of land development and construction operations, the company designs, builds and sells single-family detached and attached homes, condominiums and active-adult communities. In addition to its core homebuilding business, Hovnanian provides financing, mortgage banking, title insurance and closing services to homebuyers through its wholly owned financial services subsidiaries.

Founded in 1959 by Kevork S.