ADENTRA Inc. (OTCMKTS:HDIUF – Get Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 49,500 shares, a drop of 11.0% from the April 30th total of 55,600 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is currently 38.1 days.
ADENTRA Trading Up 2.2 %
HDIUF stock opened at $28.36 on Monday. The firm has a 50 day moving average of $29.88 and a 200-day moving average of $25.53. ADENTRA has a 12-month low of $17.94 and a 12-month high of $31.72.
ADENTRA Increases Dividend
The business also recently declared a dividend, which was paid on Friday, April 26th. Stockholders of record on Monday, April 15th were given a dividend of $0.1034 per share. This represents a dividend yield of 1.38%. This is an increase from ADENTRA’s previous dividend of $0.10. The ex-dividend date was Friday, April 12th. ADENTRA’s dividend payout ratio (DPR) is presently 19.67%.
About ADENTRA
ADENTRA Inc engages in the wholesale distribution of architectural building products to the residential, repair and remodel, and commercial construction markets in Canada and the United States. It offers doors, decorative surfaces, moldings, stair parts, hardwood lumber, hardwood plywood, composite panels, and other building products to industrial manufacturers, home builder distribution yards, and home centers.
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