Cadiz Inc. (NASDAQ:CDZIP) Short Interest Update

Cadiz Inc. (NASDAQ:CDZIP) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 6,500 shares, a decline of 19.8% from the November 30th total of 8,100 shares. Based on an average daily volume of 9,200 shares, the short-interest ratio is currently 0.7 days.

Cadiz Trading Down 0.5 %

CDZIP stock opened at $16.91 on Friday. The company has a 50 day moving average of $16.33 and a two-hundred day moving average of $15.67. Cadiz has a 12-month low of $11.50 and a 12-month high of $17.39.

Cadiz Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, January 3rd will be given a dividend of $0.56 per share. This is a boost from Cadiz’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Friday, January 3rd. This represents a $2.24 dividend on an annualized basis and a yield of 13.25%.

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.