Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Sees Significant Increase in Short Interest

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 5,081 shares, a growth of 68.4% from the January 29th total of 3,017 shares. Based on an average daily trading volume, of 9,408 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 9,408 shares, the days-to-cover ratio is presently 0.5 days.

Dillards Capital Trust I CAP SECS 7.5% Stock Performance

Shares of DDT stock traded down $0.27 on Friday, reaching $25.97. The stock had a trading volume of 67,158 shares, compared to its average volume of 9,699. Dillards Capital Trust I CAP SECS 7.5% has a 1 year low of $24.39 and a 1 year high of $26.64. The company has a 50 day simple moving average of $26.24 and a 200 day simple moving average of $26.10.

About Dillards Capital Trust I CAP SECS 7.5%

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.