Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. (NYSE:DFP – Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 16,300 shares, a growth of 49.5% from the June 30th total of 10,900 shares. Based on an average daily trading volume, of 50,800 shares, the short-interest ratio is presently 0.3 days.
Flaherty & Crumrine Dynamic Preferred and Income Fund Stock Up 0.1 %
NYSE:DFP traded up $0.02 on Monday, reaching $19.58. The company’s stock had a trading volume of 19,501 shares, compared to its average volume of 51,103. Flaherty & Crumrine Dynamic Preferred and Income Fund has a 1-year low of $15.45 and a 1-year high of $19.79. The business’s 50-day moving average price is $19.05 and its two-hundred day moving average price is $18.75.
Flaherty & Crumrine Dynamic Preferred and Income Fund Increases Dividend
The business also recently announced a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 23rd will be issued a dividend of $0.1122 per share. This represents a $1.35 annualized dividend and a yield of 6.88%. The ex-dividend date of this dividend is Friday, August 23rd. This is a positive change from Flaherty & Crumrine Dynamic Preferred and Income Fund’s previous monthly dividend of $0.11.
Institutional Trading of Flaherty & Crumrine Dynamic Preferred and Income Fund
Flaherty & Crumrine Dynamic Preferred and Income Fund Company Profile
Flaherty & Crumrine Dynamic Preferred and Income Fund Inc is a closed ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.
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