Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) Sees Significant Decline in Short Interest

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 3,017 shares, a drop of 75.2% from the January 15th total of 12,163 shares. Based on an average trading volume of 7,065 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 7,065 shares, the short-interest ratio is currently 0.4 days.

Dillards Capital Trust I CAP SECS 7.5% Trading Up 0.4%

Shares of NYSE:DDT traded up $0.11 during trading on Wednesday, hitting $26.46. The company’s stock had a trading volume of 12,402 shares, compared to its average volume of 7,818. Dillards Capital Trust I CAP SECS 7.5% has a fifty-two week low of $24.39 and a fifty-two week high of $26.64. The stock’s 50-day moving average price is $26.21 and its two-hundred day moving average price is $26.08.

About Dillards Capital Trust I CAP SECS 7.5%

Dillards Capital Trust I (NYSE: DDT) is a Delaware statutory trust formed by Dillard’s, Inc in 2003 to raise capital through the issuance of 7.50% fixed‐rate capital securities. The trust’s sole purpose is to acquire junior subordinated debentures issued by Dillard’s, Inc, using the net proceeds from its securities offering. Holders of DDT securities own undivided beneficial interests in the trust’s assets and receive quarterly distributions, subject to the trust’s payment conditions.

The trust’s underlying sponsor, Dillard’s, Inc, is a U.S.