Extendicare Inc. (OTCMKTS:EXETF – Get Rating) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totalling 218,700 shares, a drop of 34.0% from the April 15th total of 331,400 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is currently 156.2 days.
Shares of EXETF stock traded up $0.30 on Friday, reaching $5.57. The stock had a trading volume of 1,000 shares, compared to its average volume of 1,918. Extendicare has a 1 year low of $5.18 and a 1 year high of $7.06. The company has a 50 day simple moving average of $6.02 and a 200 day simple moving average of $5.83.
The business also recently announced a dividend, which will be paid on Monday, May 16th. Investors of record on Friday, April 29th will be given a dividend of $0.0317 per share. The ex-dividend date is Thursday, April 28th. This is an increase from Extendicare’s previous dividend of $0.03. This represents a yield of 6.08%.
About Extendicare (Get Rating)
Extendicare Inc, through its subsidiaries, provides care and services for seniors in Canada. The company offers long term care (LTC) services; retirement living services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as contract and consulting services to third parties.
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