Extendicare Inc. (OTCMKTS:EXETF – Get Free Report) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 586,000 shares, a decrease of 10.8% from the May 31st total of 656,600 shares. Based on an average trading volume of 1,900 shares, the short-interest ratio is currently 308.4 days.
Extendicare Stock Performance
EXETF opened at $5.22 on Wednesday. The business has a 50 day moving average price of $5.46 and a 200 day moving average price of $5.38. Extendicare has a twelve month low of $4.10 and a twelve month high of $5.83.
Extendicare Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 1st will be paid a $0.0291 dividend. This represents a dividend yield of 6.54%. The ex-dividend date is Friday, June 28th. Extendicare’s payout ratio is -185.01%.
About Extendicare
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.
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