Cadiz Inc. (NASDAQ:CDZIP) Short Interest Update

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

Cadiz Stock Performance

NASDAQ CDZIP traded down $0.07 on Thursday, reaching $18.64. The company had a trading volume of 1,185 shares, compared to its average volume of 17,124. Cadiz has a 12 month low of $11.50 and a 12 month high of $18.95. The firm’s 50 day moving average price is $17.73 and its 200 day moving average price is $16.29.

Cadiz Increases Dividend

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

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.