DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 12,100 shares, a growth of 303.3% from the July 31st total of 3,000 shares. Based on an average trading volume of 11,500 shares, the short-interest ratio is currently 1.1 days.
DTF Tax-Free Income 2028 Term Fund Trading Up 0.1 %
Shares of NYSE DTF traded up $0.01 during mid-day trading on Tuesday, hitting $11.28. The company had a trading volume of 14,313 shares, compared to its average volume of 14,930. The firm’s 50 day simple moving average is $11.12 and its two-hundred day simple moving average is $10.93. DTF Tax-Free Income 2028 Term Fund has a 12 month low of $10.29 and a 12 month high of $11.35.
DTF Tax-Free Income 2028 Term Fund Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a dividend of $0.0325 per share. The ex-dividend date of this dividend is Monday, September 16th. This represents a $0.39 annualized dividend and a dividend yield of 3.46%.
Institutional Trading of DTF Tax-Free Income 2028 Term Fund
DTF Tax-Free Income 2028 Term Fund Company Profile
DTF Tax-Free Income 2028 Term Fund Inc is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests primarily in a diversified portfolio of investment grade tax-exempt utility obligations. The fund invests in various sectors, such as water and sewer, electric utilities, prerefunded utilities, pollution control, and nonutilities.
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