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

Cadiz Inc. (NASDAQ:CDZIP) was the target of 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 trading volume of 5,500 shares, the short-interest ratio is currently 0.8 days.

Cadiz Stock Down 0.5 %

NASDAQ CDZIP opened at $16.91 on Thursday. Cadiz has a twelve month low of $11.50 and a twelve month high of $17.39. The business has a 50-day moving average price of $15.52 and a 200-day moving average price of $15.13.

Cadiz Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders 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 yield of 13.01%. The ex-dividend date of this dividend 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.