Short Interest in Extendicare Inc. (OTCMKTS:EXETF) Decreases By 17.9%

Extendicare Inc. (OTCMKTS:EXETFGet Rating) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 317,800 shares, a decrease of 17.9% from the June 30th total of 387,100 shares. Based on an average trading volume of 1,700 shares, the days-to-cover ratio is presently 186.9 days.

Extendicare Stock Up 0.2 %

Shares of EXETF opened at $5.84 on Thursday. Extendicare has a 12-month low of $5.18 and a 12-month high of $6.58. The stock’s fifty day simple moving average is $5.53 and its 200-day simple moving average is $5.78.

Extendicare Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, August 15th. Stockholders of record on Friday, July 29th will be paid a dividend of $0.0304 per share. This represents a dividend yield of 6.63%. The ex-dividend date of this dividend is Thursday, July 28th.

Extendicare Company Profile

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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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