Delaware Investments Dividend and Income Fund, Inc. (NYSE:DDF) Short Interest Up 88.2% in July

Delaware Investments Dividend and Income Fund, Inc. (NYSE:DDFGet Rating) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 22,400 shares, an increase of 88.2% from the June 30th total of 11,900 shares. Based on an average daily trading volume, of 25,200 shares, the short-interest ratio is presently 0.9 days.

Hedge Funds Weigh In On Delaware Investments Dividend and Income Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Shaker Financial Services LLC boosted its stake in shares of Delaware Investments Dividend and Income Fund by 69.7% during the 4th quarter. Shaker Financial Services LLC now owns 115,226 shares of the company’s stock worth $1,348,000 after acquiring an additional 47,336 shares in the last quarter. Bank of America Corp DE grew its stake in Delaware Investments Dividend and Income Fund by 12.4% in the first quarter. Bank of America Corp DE now owns 25,499 shares of the company’s stock valued at $276,000 after purchasing an additional 2,808 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new position in Delaware Investments Dividend and Income Fund in the first quarter valued at about $210,000. Cetera Advisor Networks LLC purchased a new position in Delaware Investments Dividend and Income Fund in the first quarter valued at about $142,000. Finally, Royal Bank of Canada grew its stake in Delaware Investments Dividend and Income Fund by 17.0% in the first quarter. Royal Bank of Canada now owns 11,035 shares of the company’s stock valued at $120,000 after purchasing an additional 1,600 shares in the last quarter. 4.67% of the stock is owned by institutional investors.

Delaware Investments Dividend and Income Fund Trading Up 0.7 %

Shares of Delaware Investments Dividend and Income Fund stock opened at $9.44 on Monday. Delaware Investments Dividend and Income Fund has a twelve month low of $8.29 and a twelve month high of $11.94. The business’s 50 day simple moving average is $9.01 and its 200-day simple moving average is $10.00.

Delaware Investments Dividend and Income Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 29th. Shareholders of record on Friday, July 22nd were paid a dividend of $0.061 per share. This represents a $0.73 dividend on an annualized basis and a yield of 7.75%. The ex-dividend date of this dividend was Thursday, July 21st.

About Delaware Investments Dividend and Income Fund

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Delaware Investments Dividend and Income Fund, Inc is a closed-ended equity mutual fund launched by Delaware Management Holdings, Inc It is managed by Delaware Management Company. The fund invests in public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.

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