Extendicare Inc. (OTCMKTS:EXETF) Short Interest Up 7.7% in January

Extendicare Inc. (OTCMKTS:EXETFGet Free Report) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 637,800 shares, a growth of 7.7% from the December 31st total of 592,000 shares. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is presently 354.3 days.

Extendicare Stock Performance

Shares of OTCMKTS EXETF opened at $7.04 on Tuesday. Extendicare has a 52-week low of $4.74 and a 52-week high of $7.80. The company’s 50 day moving average price is $7.25 and its 200-day moving average price is $6.75.

Extendicare Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be given a dividend of $0.0279 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a dividend yield of 4.65%. Extendicare’s payout ratio is presently -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 Stories

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.