Cadiz Inc’s filing revealed that its 10% Owner Heerema International Group Se acquired Company’s shares for reported $6.91 million on Nov 05 ’24. In the deal valued at $3.34 per share,2,070,000 shares were bought. As a result of this transaction, Heerema International Group Se now holds 22,783,965 shares worth roughly $66.76 million.
Then, Kennedy Susan P bought 25,000 shares, generating $56,250 in total proceeds. Upon buying the shares at $2.25, the CEO now owns 966,921 shares.
Price Performance Review of CDZI
On monday, Cadiz Inc [NASDAQ:CDZI] saw its stock fall -5.18% to $2.93. Over the last five days, the stock has lost -15.07%. Cadiz Inc shares have fallen nearly -43.65% since the year began. Nevertheless, the stocks have risen 12.69% over the past one year. While a 52-week high of $5.68 was reached on 01/13/25, a 52-week low of $2.12 was recorded on 03/31/25. SMA at 50 days reached $4.27, while 200 days put it at $3.70.
Levels Of Support And Resistance For CDZI Stock
The 24-hour chart illustrates a support level at 2.85, which if violated will result in even more drops to 2.78. On the upside, there is a resistance level at 3.03. A further resistance level may holdings at 3.14. The Relative Strength Index (RSI) on the 14-day chart is 23.79, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.51%. Stochastics %K at 8.63% indicates the stock is a buying.
How much short interest is there in Cadiz Inc?
A steep rise in short interest was recorded in Cadiz Inc stocks on 2025-03-14, growing by 0.17 million shares to a total of 6.75 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.58 million shares. There was a rise of 2.54%, which implies that there is a positive sentiment for the stock.
