Cadiz Inc. (NASDAQ:CDZIP) Short Interest Update

Cadiz Inc. (NASDAQ:CDZIP) saw a significant growth in short interest in 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 daily trading volume, of 5,500 shares, the short-interest ratio is presently 0.8 days.

Cadiz Price Performance

Shares of NASDAQ:CDZIP traded down $0.05 during mid-day trading on Wednesday, reaching $16.95. 3,454 shares of the company’s stock were exchanged, compared to its average volume of 6,940. The business’s fifty day moving average price is $15.52 and its 200-day moving average price is $15.13. Cadiz has a twelve month low of $11.50 and a twelve month high of $17.39.

Cadiz Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, October 4th were paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 12.98%. The ex-dividend date was Friday, October 4th.

About Cadiz

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.