ADENTRA Inc. (OTCMKTS:HDIUF – Get Rating) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 134,600 shares, a decrease of 7.0% from the February 13th total of 144,800 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 673.0 days.
ADENTRA Price Performance
Shares of HDIUF opened at $18.02 on Friday. ADENTRA has a 12-month low of $16.36 and a 12-month high of $31.98. The business has a 50-day simple moving average of $22.25 and a two-hundred day simple moving average of $20.54.
ADENTRA Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, January 27th. Shareholders of record on Friday, January 13th were given a $0.0964 dividend. This is a boost from ADENTRA’s previous dividend of $0.09. This represents a yield of 1.89%. The ex-dividend date was Thursday, January 12th. ADENTRA’s dividend payout ratio is 19.67%.
ADENTRA, Inc engages in the sourcing and distribution of architectural grade building products to the residential and commercial construction sectors. The firm’s products include hardwood lumber, decorative surfaces and composite panels. It operates through the following geographical segments: Canada and United States.
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