Extendicare Inc. (OTCMKTS:EXETF) Short Interest Update

Extendicare Inc. (OTCMKTS:EXETFGet Free Report) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 936,000 shares, a growth of 43.9% from the February 13th total of 650,300 shares. Based on an average trading volume of 26,500 shares, the days-to-cover ratio is currently 35.3 days.

Analyst Ratings Changes

Separately, Royal Bank of Canada restated a “sector perform” rating on shares of Extendicare in a report on Wednesday, March 5th.

View Our Latest Analysis on Extendicare

Extendicare Price Performance

Shares of OTCMKTS:EXETF opened at $9.23 on Tuesday. The stock’s 50-day simple moving average is $7.85 and its two-hundred day simple moving average is $7.29. Extendicare has a 52-week low of $5.22 and a 52-week high of $9.26.

Extendicare Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a dividend of $0.0282 per share. This is a boost from Extendicare’s previous dividend of $0.03. This represents a dividend yield of 4.18%. The ex-dividend date was Friday, February 28th. Extendicare’s payout ratio 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.

Further Reading

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