Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Short Interest Up 299.0% in June

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDTGet Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 7,716 shares, a growth of 299.0% from the June 15th total of 1,934 shares. Based on an average daily volume of 13,648 shares, the days-to-cover ratio is currently 0.6 days.

Dillards Capital Trust I CAP SECS 7.5% Stock Up 0.1%

DDT stock traded up $0.03 during midday trading on Monday, hitting $26.55. The company’s stock had a trading volume of 2,405 shares, compared to its average volume of 8,831. Dillards Capital Trust I CAP SECS 7.5% has a twelve month low of $25.11 and a twelve month high of $26.64. The company’s fifty day moving average price is $26.17 and its 200 day moving average price is $26.16.

Dillards Capital Trust I CAP SECS 7.5% Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 17th will be issued a $0.4688 dividend. The ex-dividend date is Friday, July 17th. This represents a $1.88 annualized dividend and a dividend yield of 7.1%.

Dillards Capital Trust I CAP SECS 7.5% Company Profile

(Get Free Report)

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.

See Also

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.