Cadiz Inc. (NASDAQ:CDZIP) Short Interest Update

Cadiz Inc. (NASDAQ:CDZIP) saw a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 6,400 shares, a decline of 9.9% from the May 15th total of 7,100 shares. Based on an average daily trading volume, of 8,400 shares, the short-interest ratio is presently 0.8 days.

Cadiz Trading Down 0.1 %

Shares of Cadiz stock traded down $0.02 during trading on Friday, reaching $14.82. The company’s stock had a trading volume of 575 shares, compared to its average volume of 8,063. The business’s fifty day moving average price is $13.00 and its 200-day moving average price is $13.70. Cadiz has a one year low of $11.50 and a one year high of $17.39.

Cadiz Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, April 4th were paid a $0.55 dividend. The ex-dividend date was Wednesday, April 3rd. This represents a $2.20 dividend on an annualized basis and a dividend yield of 14.84%.

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.