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

Dillards Capital Trust I CAP SECS 7.5% (NYSE:DDT) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 5,710 shares, a growth of 99.9% from the December 15th total of 2,857 shares. Based on an average daily trading volume, of 8,174 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily trading volume, of 8,174 shares, the days-to-cover ratio is presently 0.7 days.

Dillards Capital Trust I CAP SECS 7.5% Trading Down 2.1%

Shares of NYSE:DDT traded down $0.57 during mid-day trading on Friday, reaching $26.03. 5,510 shares of the company traded hands, compared to its average volume of 6,992. The company’s 50 day moving average price is $26.13 and its 200-day moving average price is $26.04. Dillards Capital Trust I CAP SECS 7.5% has a 52 week low of $24.39 and a 52 week high of $26.64.

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.