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 December. As of December 31st, there was short interest totalling 637,800 shares, a growth of 7.7% from the December 15th total of 592,000 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is currently 354.3 days.

Extendicare Stock Down 0.6 %

OTCMKTS:EXETF traded down $0.04 during trading hours on Friday, hitting $7.15. The stock had a trading volume of 7,400 shares, compared to its average volume of 1,543. The company has a 50 day simple moving average of $7.26 and a two-hundred day simple moving average of $6.60. Extendicare has a one year low of $4.74 and a one year high of $7.80.

Extendicare Cuts Dividend

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