Cadiz Inc. (NASDAQ:CDZIP) Short Interest Update

Cadiz Inc. (NASDAQ:CDZIPGet Free Report) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 8,600 shares, a decline of 9.5% from the March 15th total of 9,500 shares. Based on an average daily trading volume, of 6,000 shares, the days-to-cover ratio is currently 1.4 days.

Cadiz Stock Down 4.9 %

Shares of NASDAQ CDZIP traded down $0.61 during midday trading on Tuesday, reaching $11.95. The company’s stock had a trading volume of 20,056 shares, compared to its average volume of 8,412. The company has a 50 day moving average price of $13.91 and a 200 day moving average price of $14.45. Cadiz has a one year low of $11.72 and a one year high of $17.60.

Cadiz Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, April 4th were issued 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 18.41%.

Cadiz Company Profile

(Get Free Report)

Cadiz Inc, together with its subsidiaries, provides water solutions in the United States. The company operates through Land and Water Resources; and Water Treatment Business segments. It offers clean water solutions, such as water supply, including for agriculture and off-property uses; and water storage, conveyance, and treatment solutions.

Featured Articles

Receive News & Ratings for Cadiz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadiz and related companies with MarketBeat.com's FREE daily email newsletter.