Cadiz Inc. (NASDAQ:CDZIP) Short Interest Update

Cadiz Inc. (NASDAQ:CDZIP) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 4,400 shares, a growth of 780.0% from the October 31st total of 500 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is currently 0.8 days.

Cadiz Trading Up 0.4 %

Shares of CDZIP stock traded up $0.06 during trading hours on Friday, hitting $16.97. 2,405 shares of the company’s stock were exchanged, compared to its average volume of 6,913. The firm has a 50 day moving average of $15.56 and a two-hundred day moving average of $15.14. Cadiz has a fifty-two week low of $11.50 and a fifty-two week high of $17.39.

Cadiz Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, October 4th were issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 12.96%. The ex-dividend date was Friday, October 4th.

Cadiz Company Profile

Cadiz Inc, together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Filtration Technology segments. It offers water supply, water storage, water conveyance, and water filtration services. In addition, the company is involved in the cultivation of grain crops and alfalfa, as well as provides water filtration solutions for impaired or contaminated groundwater sources.