Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Stock Short Interest Declines 42.6%

Posted by Don Miller on Oct 16th, 2026

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 640 shares, a decrease of 42.6% from the September 15th total of 1,115 shares. Based on an average trading volume of 5,418 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Hovnanian Enterprises, Inc. PFD DEP1/1000A

A hedge fund recently raised its position in Hovnanian Enterprises, Inc. PFD DEP1/1000A stock. Shikiar Asset Management Inc. grew its holdings in shares of Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP – Free Report) by 3.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 28,550 shares of the company’s stock after buying an additional 1,075 shares during the period. Shikiar Asset Management Inc.’s holdings in Hovnanian Enterprises, Inc. PFD DEP1/1000A were worth $585,000 as of its most recent filing with the SEC.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Stock Performance

Hovnanian Enterprises, Inc. PFD DEP1/1000A stock traded down $0.91 during trading hours on Friday, reaching $15.95. 12,781 shares of the company’s stock were exchanged, compared to its average volume of 5,624. The firm’s 50 day simple moving average is $18.98 and its 200 day simple moving average is $19.96. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a twelve month low of $16.03 and a twelve month high of $21.90.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were paid a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date of this dividend was Thursday, October 1st.

About Hovnanian Enterprises, Inc. PFD DEP1/1000A

(Get Free Report)

Hovnanian Enterprises, Inc is a residential homebuilder that designs, constructs and sells single-family homes, townhomes and condominiums. Its communities are marketed primarily under the K. Hovnanian’s brand and may include both traditional neighborhoods and age-restricted active-adult communities. The company also provides mortgage, title and insurance-related services to support home purchases in certain markets.

Founded in 1959 by Kevork S. Hovnanian, the company serves homebuyers across several regions of the United States, including the Northeast, Mid-Atlantic, Southeast, Southwest and parts of the Midwest.