Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Shares Shorted: Short Interest Down 70.8% in September

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 2,887 shares, a decline of 70.8% from the August 31st total of 9,874 shares. Based on an average trading volume of 9,750 shares, the short-interest ratio is presently 0.3 days.

Dillards Capital Trust I CAP SECS 7.5% Stock Up 0.2%

DDT stock traded up $0.05 during mid-day trading on Monday, hitting $26.31. The company had a trading volume of 7,390 shares, compared to its average volume of 8,698. Dillards Capital Trust I CAP SECS 7.5% has a 12-month low of $25.11 and a 12-month high of $26.80. The company has a 50-day moving average price of $26.22 and a 200 day moving average price of $26.17.

Dillards Capital Trust I CAP SECS 7.5% Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Friday, October 16th will be issued a $0.4688 dividend. This represents a $1.88 annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend is Friday, October 16th.

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.