Extendicare Inc. (OTCMKTS:EXETF) Short Interest Update

Extendicare Inc. (OTCMKTS:EXETFGet Free Report) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 656,600 shares, an increase of 51.0% from the May 15th total of 434,900 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 437.7 days.

Extendicare Price Performance

Shares of OTCMKTS EXETF remained flat at $5.51 during midday trading on Friday. The company has a 50-day moving average of $5.45 and a 200-day moving average of $5.37. Extendicare has a fifty-two week low of $4.10 and a fifty-two week high of $5.83.

Extendicare Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, June 17th. Investors of record on Monday, June 3rd will be issued a dividend of $0.0294 per share. This represents a dividend yield of 6.11%. This is a positive change from Extendicare’s previous dividend of $0.03. The ex-dividend date of this dividend is Friday, May 31st. Extendicare’s dividend payout ratio (DPR) 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.

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