Cadiz Inc. (NASDAQ:CDZIP) Short Interest Up 780.0% in November

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

Cadiz Stock Down 0.3 %

Shares of NASDAQ:CDZIP traded down $0.05 during trading on Wednesday, hitting $16.95. 3,454 shares of the company were exchanged, compared to its average volume of 6,940. Cadiz has a fifty-two week low of $11.50 and a fifty-two week high of $17.39. The firm has a fifty day moving average price of $15.52 and a two-hundred day moving average price of $15.13.

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 issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 12.98%. 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.