Cadiz Inc. (NASDAQ:CDZIP) Short Interest Update

Cadiz Inc. (NASDAQ:CDZIP) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 1,500 shares, a decrease of 78.9% from the September 15th total of 7,100 shares. Based on an average trading volume of 5,000 shares, the short-interest ratio is presently 0.3 days.

Cadiz Trading Down 0.6 %

CDZIP stock traded down $0.09 during midday trading on Friday, hitting $14.90. The company’s stock had a trading volume of 1,074 shares, compared to its average volume of 6,997. Cadiz has a 12 month low of $11.50 and a 12 month high of $17.39. The company has a 50 day moving average of $15.21 and a two-hundred day moving average of $14.44.

Cadiz Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, October 4th will be paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 14.77%. The ex-dividend date of this dividend is 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.