Short Interest in Extendicare Inc. (OTCMKTS:EXETF) Grows By 7.7%

Extendicare Inc. (OTCMKTS:EXETFGet Free Report) saw a large growth in short interest in 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 daily volume of 1,800 shares, the days-to-cover ratio is currently 354.3 days.

Extendicare Stock Up 0.4 %

OTCMKTS EXETF traded up $0.03 during trading on Monday, hitting $7.30. The stock had a trading volume of 11 shares, compared to its average volume of 1,536. Extendicare has a one year low of $4.74 and a one year high of $7.80. The stock has a 50 day simple moving average of $7.25 and a 200 day simple moving average of $6.75.

Extendicare Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be paid a dividend of $0.0279 per share. This represents a dividend yield of 4.65%. The ex-dividend date is Friday, January 31st. Extendicare’s dividend payout ratio is currently -185.01%.

About Extendicare

(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.

Read More

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.