Short Interest in Extendicare Inc. (OTCMKTS:EXETF) Decreases By 5.8%

Extendicare Inc. (OTCMKTS:EXETF) saw a significant decline in short interest in January. As of January 31st, there was short interest totalling 634,000 shares, a decline of 5.8% from the January 15th total of 673,200 shares. Based on an average trading volume of 2,500 shares, the short-interest ratio is currently 253.6 days.

Extendicare Stock Up 4.2 %

Shares of OTCMKTS:EXETF opened at $7.95 on Wednesday. The company has a 50 day moving average of $7.26 and a 200 day moving average of $6.91. Extendicare has a 12 month low of $4.74 and a 12 month high of $7.95.

Extendicare Cuts Dividend

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

About Extendicare

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.