Dream Unlimited Corp. (OTCMKTS:DRUNF) Sees Significant Drop in Short Interest

Dream Unlimited Corp. (OTCMKTS:DRUNF) was the target of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 121,700 shares, a decline of 16.9% from the October 15th total of 146,400 shares. Based on an average daily trading volume, of 14,500 shares, the days-to-cover ratio is currently 8.4 days.

Dream Unlimited Stock Performance

DRUNF remained flat at $19.28 during midday trading on Friday. 26 shares of the company’s stock traded hands, compared to its average volume of 2,352. Dream Unlimited has a 1-year low of $12.19 and a 1-year high of $25.08. The firm has a 50 day moving average of $22.25 and a 200-day moving average of $17.75.

Dream Unlimited Increases Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were paid a dividend of $0.1113 per share. This is an increase from Dream Unlimited’s previous dividend of $0.11. This represents a dividend yield of 2.29%. The ex-dividend date of this dividend was Friday, September 13th.

About Dream Unlimited

Dream Unlimited Corp. formerly known as Dundee Realty Corporation is a real estate investment firm. The firm provides real estate asset management and advisory services including sourcing, acquiring, managing, and developing commercial and residential real estate primarily in Western Canada. It invests in the real estate markets across the globe.