Short Interest in Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Drops By 39.1%

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 3,900 shares, a decline of 39.1% from the February 28th total of 6,400 shares. Based on an average daily volume of 8,300 shares, the days-to-cover ratio is presently 0.5 days.

Dillards Capital Trust I CAP SECS 7.5% Price Performance

Shares of NYSE DDT traded down $0.18 during midday trading on Friday, reaching $25.81. 10,939 shares of the company’s stock traded hands, compared to its average volume of 7,028. The stock’s 50 day simple moving average is $25.94 and its 200-day simple moving average is $25.92. Dillards Capital Trust I CAP SECS 7.5% has a one year low of $25.44 and a one year high of $26.55.

Dillards Capital Trust I CAP SECS 7.5% Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.4688 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.88 annualized dividend and a yield of 7.27%.

About Dillards Capital Trust I CAP SECS 7.5%

Dillard’s, Inc operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods. As of January 29, 2022, the company operated 280 Dillard’s stores, including 30 clearance centers, and an Internet store at dillards.com.