Delaware Investments Dividend and Income Fund, Inc. (NYSE:DDF) Short Interest Up 65.5% in April

0

Delaware Investments Dividend and Income Fund, Inc. (NYSE: DDF – Get Rating) was the target of significant short-term interest growth in April. As of April 30, there were short interests totaling 4,800 shares, a growth of 65.5% from the total of 2,900 shares as of April 15. Based on an average daily volume of 17,100 shares, the short interest ratio is currently 0.3 days.

NYSE: DDF traded down $0.04 on Friday, hitting $9.15. The stock recorded a trading volume of 20,765 shares, compared to an average volume of 21,531 shares. The company’s 50-day moving average is $10.33 and its 200-day moving average is $10.87. The Delaware Investments Dividend and Income Fund has a 52-week low of $9.04 and a 52-week high of $12.19.

The company also recently announced a monthly dividend, which will be paid on Friday, May 27. Shareholders of record on Friday, May 20 will receive a dividend of $0.0654. The ex-date of this dividend is Thursday, May 19. This represents a dividend of $0.78 on an annualized basis and a dividend yield of 8.58%.

Hedge funds have recently been buying and selling shares of the company. Citadel Advisors LLC purchased a new equity stake in Delaware Investments Dividend and Income Fund during the second quarter, valued at approximately $224,000. Advisor Group Holdings Inc. increased its position in shares of Delaware Investments Dividend and Income Fund by 170.8% during the fourth quarter. Advisor Group Holdings Inc. now owns 2,378 shares of the company valued at $28,000 after acquiring an additional 1,500 shares in the last quarter. Shaker Financial Services LLC increased its position in shares of the Delaware Investments Dividend and Income Fund by 69.7% during the fourth quarter. Shaker Financial Services LLC now owns 115,226 shares of the company valued at $1,348,000 after acquiring 47,336 additional shares in the last quarter. NewEdge Advisors LLC purchased a new equity stake in Delaware Investments Dividend and Income Fund during the fourth quarter, valued at approximately $228,000. Finally, Cetera Advisor Networks LLC acquired a new stake in the Delaware Investments Dividend and Income Fund in the first quarter at a value of $142,000. Institutional investors hold 4.67% of the company’s shares.

About Delaware Investments Dividend & Income Fund (Get a rating)

Delaware Investments Dividend and Income Fund, Inc is a closed-end mutual fund launched by Delaware Management Holdings, Inc. It is managed by Delaware Management Company. The fund invests in US stock markets. It seeks to invest in shares of companies operating in diversified sectors.

Featured articles



Get Delaware Investments Dividend & Income Fund News and Ratings Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for the Delaware Investments Dividend and Income Fund and related companies with MarketBeat.com’s FREE daily email newsletter.

Share.

Comments are closed.