Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) Sees Large Growth in Short Interest

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) was the target of a significant increase in short interest in 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 trading volume of 11,700 shares, the short-interest ratio is presently 1.1 days.

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

Shares of HOVNP opened at $17.56 on Monday. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a 12 month low of $16.98 and a 12 month high of $18.88. The stock’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 business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be given a dividend of $0.4766 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $1.91 annualized dividend and a dividend yield of 10.86%.

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.