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 recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 4,377 shares, a decline of 52.0% from the April 15th total of 9,128 shares. Based on an average trading volume of 7,650 shares, the short-interest ratio is currently 0.6 days.

Dillards Capital Trust I CAP SECS 7.5% Stock Down 0.1%

NYSE:DDT traded down $0.02 on Friday, reaching $26.21. The company’s stock had a trading volume of 3,774 shares, compared to its average volume of 9,236. Dillards Capital Trust I CAP SECS 7.5% has a 1-year low of $25.11 and a 1-year high of $26.64. The business’s 50-day moving average price is $26.07 and its two-hundred day moving average price is $26.10.

Dillards Capital Trust I CAP SECS 7.5% Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Thursday, April 16th were paid a $0.4688 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend was Thursday, April 16th.

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.