Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Short Interest Down 22.6% in March

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 10,300 shares, a drop of 22.6% from the February 28th total of 13,300 shares. Based on an average daily volume of 12,900 shares, the short-interest ratio is presently 0.8 days.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Stock Performance

HOVNP stock traded down $0.01 during trading on Tuesday, hitting $17.25. The company had a trading volume of 8,337 shares, compared to its average volume of 17,190. The firm has a 50-day moving average price of $17.28 and a 200-day moving average price of $17.55. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a 12 month low of $16.91 and a 12 month high of $18.69.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a dividend of $0.4766 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $1.91 annualized dividend and a yield of 11.05%.

About Hovnanian Enterprises, Inc. PFD DEP1/1000A

for a complete listing of all our available career opportunities, please visit khov.com/careers. hovnanian enterprises, inc., founded in 1959 by kevork s. hovnanian, is headquartered in red bank, new jersey. the company is one of the nation’s largest homebuilders with operations in arizona, california, delaware, florida, georgia, illinois, maryland, new jersey, ohio, pennsylvania, south carolina, texas, virginia, washington, d.c.