Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Short Interest Update

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 2,042 shares, a drop of 52.5% from the May 14th total of 4,298 shares. Based on an average daily trading volume, of 5,473 shares, the short-interest ratio is currently 0.4 days.

Dillards Capital Trust I CAP SECS 7.5% Trading Up 0.0%

DDT traded up $0.01 during midday trading on Friday, hitting $26.15. The company had a trading volume of 934 shares, compared to its average volume of 8,699. Dillards Capital Trust I CAP SECS 7.5% has a 52 week low of $25.11 and a 52 week high of $26.64. The stock’s 50 day moving average price is $26.15 and its 200 day moving average price is $26.14.

Dillards Capital Trust I CAP SECS 7.5% Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 17th will be paid a $0.4688 dividend. This represents a $1.88 annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Friday, July 17th.

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.