Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Short Interest Update

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 13,300 shares, an increase of 62.2% from the February 13th total of 8,200 shares. Based on an average daily volume of 11,700 shares, the short-interest ratio is currently 1.1 days.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Price Performance

NASDAQ HOVNP traded up $0.25 on Friday, hitting $17.56. The stock had a trading volume of 10,002 shares, compared to its average volume of 10,641. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a one year low of $16.98 and a one year high of $18.88. The company’s 50-day moving average is $17.25 and its two-hundred day moving average is $17.60.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a $0.4766 dividend. This represents a $1.91 annualized dividend and a yield of 10.86%. The ex-dividend date of this dividend is Tuesday, April 1st.

About Hovnanian Enterprises, Inc. PFD DEP1/1000A

for a complete listing of all our available career opportunities, please visit khov.com/careers. hovnanian enterprises, inc., founded in 1959 by kevork s. hovnanian, is headquartered in red bank, new jersey. the company is one of the nation’s largest homebuilders with operations in arizona, california, delaware, florida, georgia, illinois, maryland, new jersey, ohio, pennsylvania, south carolina, texas, virginia, washington, d.c.