Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Short Interest Down 22.6% in March

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 10,300 shares, a decrease of 22.6% from the February 28th total of 13,300 shares. Based on an average daily volume of 12,900 shares, the short-interest ratio is currently 0.8 days.

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

Shares of HOVNP traded up $0.15 during midday trading on Monday, hitting $17.47. 1,028 shares of the company’s stock traded hands, compared to its average volume of 17,125. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a 1 year low of $16.98 and a 1 year high of $18.69. The firm’s fifty day moving average is $17.28 and its 200-day moving average is $17.56.

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

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 10.91%. The ex-dividend date of this dividend is Tuesday, April 1st.

About Hovnanian Enterprises, Inc. PFD DEP1/1000A

for a complete listing of all our available career opportunities, please visit khov.com/careers. hovnanian enterprises, inc., founded in 1959 by kevork s. hovnanian, is headquartered in red bank, new jersey. the company is one of the nation’s largest homebuilders with operations in arizona, california, delaware, florida, georgia, illinois, maryland, new jersey, ohio, pennsylvania, south carolina, texas, virginia, washington, d.c.