Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Stock Short Interest Drops 70.8%

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT – Get Free Report) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 2,887 shares, a decrease of 70.8% from the August 31st total of 9,874 shares. Based on an average trading volume of 9,750 shares, the short-interest ratio is presently 0.3 days.

Dillards Capital Trust I CAP SECS 7.5% Stock Performance

Shares of NYSE:DDT opened at $26.27 on Friday. Dillards Capital Trust I CAP SECS 7.5% has a 12 month low of $25.11 and a 12 month high of $26.80. The company’s fifty day simple moving average is $26.22 and its 200 day simple moving average is $26.17.

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. Shareholders of record on Friday, October 16th will be issued a dividend of $0.4688 per share. This represents a $1.88 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date is Friday, October 16th.

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.

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