Dream Unlimited Corp. (OTCMKTS:DRUNF) Sees Significant Drop in Short Interest

Dream Unlimited Corp. (OTCMKTS:DRUNF) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 121,700 shares, a drop of 16.9% from the October 15th total of 146,400 shares. Based on an average daily volume of 14,500 shares, the days-to-cover ratio is presently 8.4 days.

Dream Unlimited Stock Performance

Shares of DRUNF stock remained flat at $19.28 during trading hours on Friday. 26 shares of the stock were exchanged, compared to its average volume of 2,352. The stock has a 50 day simple moving average of $22.25 and a two-hundred day simple moving average of $17.79. Dream Unlimited has a one year low of $12.19 and a one year high of $25.08.

Dream Unlimited Increases Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were issued a $0.1113 dividend. This represents a yield of 2.29%. This is an increase from Dream Unlimited’s previous dividend of $0.11. The ex-dividend date of this dividend was Friday, September 13th.

About Dream Unlimited

Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe.