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Short Interest in Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Drops By 82.4%

Financial News Live ·  Feb 12, 2023 08:01

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP – Get Rating) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 300 shares, a drop of 82.4% from the January 15th total of 1,700 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is presently 0.2 days.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Stock Down 0.8 %

Shares of HOVNP traded down $0.14 during midday trading on Friday, reaching $19.11. 1,414 shares of the stock were exchanged, compared to its average volume of 1,241. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a twelve month low of $16.66 and a twelve month high of $22.83. The stock's 50 day simple moving average is $18.83 and its 200 day simple moving average is $19.19.

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Hovnanian Enterprises, Inc. PFD DEP1/1000A Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Sunday, January 15th. Stockholders of record on Sunday, January 1st were issued a dividend of $0.4766 per share. This represents a $1.91 annualized dividend and a dividend yield of 9.98%. The ex-dividend date of this dividend was Thursday, December 29th.

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