Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Short Interest Update

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNPGet Rating) was the target of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a decrease of 75.0% from the March 31st total of 400 shares. Based on an average daily trading volume, of 7,300 shares, the short-interest ratio is presently 0.0 days.

Shares of HOVNP opened at $18.60 on Thursday. The firm has a fifty day simple moving average of $20.47 and a two-hundred day simple moving average of $20.08. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a twelve month low of $14.83 and a twelve month high of $24.09.

The company also recently declared a quarterly dividend, which was paid on Friday, April 15th. Shareholders of record on Friday, April 1st were given a dividend of $0.4766 per share. The ex-dividend date was Thursday, March 31st. This represents a $1.91 annualized dividend and a yield of 10.25%.

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