Cadiz Inc. (NASDAQ:CDZIP) Short Interest Update

Cadiz Inc. (NASDAQ:CDZIP) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 500 shares, a decrease of 88.1% from the October 15th total of 4,200 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is currently 0.1 days.

Cadiz Stock Performance

NASDAQ:CDZIP traded up $0.02 during trading hours on Tuesday, hitting $16.15. The company had a trading volume of 3,143 shares, compared to its average volume of 6,714. The stock has a 50-day moving average price of $15.28 and a 200 day moving average price of $14.83. Cadiz has a 52 week low of $11.50 and a 52 week high of $17.39.

Cadiz Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, October 4th were paid a $0.55 dividend. The ex-dividend date of this dividend was Friday, October 4th. This represents a $2.20 annualized dividend and a yield of 13.62%.

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.