Extendicare Inc. (OTCMKTS:EXETF) Sees Large Decrease in Short Interest

Extendicare Inc. (OTCMKTS:EXETFGet Free Report) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totalling 586,000 shares, a drop of 10.8% from the May 31st total of 656,600 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is presently 308.4 days.

Extendicare Stock Performance

Shares of OTCMKTS EXETF opened at $5.22 on Wednesday. The stock’s 50 day moving average price is $5.46 and its two-hundred day moving average price is $5.38. Extendicare has a 52-week low of $4.10 and a 52-week high of $5.83.

Extendicare Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, July 15th. Investors of record on Monday, July 1st will be given a dividend of $0.0291 per share. This represents a dividend yield of 6.54%. The ex-dividend date of this dividend is Friday, June 28th. Extendicare’s dividend payout ratio is currently -185.01%.

Extendicare Company Profile

(Get Free Report)

Extendicare Inc, through its subsidiaries, provides care and services for seniors in Canada. The company offers long term care (LTC) services; and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as management, consulting, and other services to third parties.

Featured Articles

Receive News & Ratings for Extendicare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Extendicare and related companies with MarketBeat.com's FREE daily email newsletter.