Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Stock Short Interest Report for September

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 1,230 shares, a drop of 57.4% from the September 15th total of 2,887 shares. Based on an average trading volume of 8,336 shares, the days-to-cover ratio is currently 0.1 days.

Dillards Capital Trust I CAP SECS 7.5% Trading Down 1.0%

NYSE:DDT traded down $0.26 on Wednesday, hitting $25.59. 16,575 shares of the company’s stock were exchanged, compared to its average volume of 9,072. The firm has a 50-day moving average price of $26.19 and a 200-day moving average price of $26.18. Dillards Capital Trust I CAP SECS 7.5% has a 52 week low of $25.11 and a 52 week high of $26.80.

Dillards Capital Trust I CAP SECS 7.5% Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Friday, October 16th will be given a $0.4688 dividend. The ex-dividend date of this dividend is Friday, October 16th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.3%.

Dillards Capital Trust I CAP SECS 7.5% Company Profile

Dillard’s Capital Trust I is a Delaware statutory trust established by Dillard’s, Inc to issue capital securities known as 7.5% Capital Securities. The securities trade on the New York Stock Exchange under the symbol DDT and represent an interest in the trust’s assets.

The trust’s primary asset consists of subordinated debentures issued by Dillard’s, Inc As a result, Dillard’s Capital Trust I does not operate retail stores or conduct independent commercial activities. Its purpose is generally limited to issuing the capital securities, holding the related debt securities, and making distributions to security holders when payments are received from Dillard’s, Inc

Dillard’s, Inc, the trust’s sponsor, is a U.S.