Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Short Interest Update

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNPGet Free Report) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,432 shares, a decrease of 45.0% from the July 15th total of 2,606 shares. Based on an average trading volume of 5,280 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Hovnanian Enterprises, Inc. PFD DEP1/1000A

A hedge fund recently raised its stake in Hovnanian Enterprises, Inc. PFD DEP1/1000A stock. Shikiar Asset Management Inc. boosted its holdings in Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNPFree Report) by 3.9% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 28,550 shares of the company’s stock after buying an additional 1,075 shares during the period. Shikiar Asset Management Inc.’s holdings in Hovnanian Enterprises, Inc. PFD DEP1/1000A were worth $585,000 at the end of the most recent reporting period.

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

Hovnanian Enterprises, Inc. PFD DEP1/1000A stock opened at $19.73 on Wednesday. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a 1 year low of $18.52 and a 1 year high of $21.90. The firm has a 50 day moving average price of $20.22 and a 200 day moving average price of $20.65.

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

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.4766 per share. This represents a $1.91 dividend on an annualized basis and a yield of 9.7%. The ex-dividend date of this dividend was Wednesday, July 1st.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Company Profile

(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.

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