Cadiz Inc. (NASDAQ:CDZIP) Short Interest Update

Cadiz Inc. (NASDAQ:CDZIP) was the recipient of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 2,300 shares, a decline of 54.0% from the January 15th total of 5,000 shares. Based on an average daily volume of 16,000 shares, the short-interest ratio is currently 0.1 days.

Cadiz Trading Down 0.3 %

Shares of NASDAQ:CDZIP traded down $0.07 during trading hours on Thursday, hitting $18.64. The company’s stock had a trading volume of 1,185 shares, compared to its average volume of 17,124. The firm’s fifty day moving average price is $17.73 and its 200 day moving average price is $16.29. Cadiz has a 52 week low of $11.50 and a 52 week high of $18.95.

Cadiz Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, January 3rd were paid a dividend of $0.56 per share. This is a boost from Cadiz’s previous quarterly dividend of $0.55. This represents a $2.24 dividend on an annualized basis and a dividend yield of 12.02%. The ex-dividend date of this dividend was Friday, January 3rd.

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.