Extendicare Inc. (OTCMKTS:EXETF) Short Interest Update

Extendicare Inc. (OTCMKTS:EXETF) was the target of 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 short-interest ratio is currently 354.3 days.

Extendicare Stock Performance

EXETF stock traded down $0.26 during midday trading on Monday, hitting $7.04. The company had a trading volume of 1,878 shares, compared to its average volume of 1,565. Extendicare has a 52 week low of $4.74 and a 52 week high of $7.80. The stock’s 50 day moving average price is $7.25 and its 200 day moving average price is $6.75.

Extendicare Cuts Dividend

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

Extendicare Company Profile

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.