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

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP) saw a large drop in short interest in September. As of September 30th, there was short interest totalling 8,400 shares, a drop of 7.7% from the September 15th total of 9,100 shares. Based on an average trading volume of 37,800 shares, the short-interest ratio is presently 0.2 days.

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

HOVNP stock remained flat at $17.65 during mid-day trading on Thursday. 8,188 shares of the company’s stock traded hands, compared to its average volume of 16,517. Hovnanian Enterprises, Inc. PFD DEP1/1000A has a 52 week low of $16.56 and a 52 week high of $19.10. The stock’s fifty day moving average is $17.94 and its two-hundred day moving average is $17.99.

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

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were issued a $0.4766 dividend. This represents a $1.91 annualized dividend and a dividend yield of 10.80%. The ex-dividend date of this dividend was Tuesday, October 1st.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Company Profile

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.