Short Interest in ADENTRA Inc. (OTCMKTS:HDIUF) Decreases By 11.0%

ADENTRA Inc. (OTCMKTS:HDIUFGet Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 49,500 shares, a decline of 11.0% from the April 30th total of 55,600 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is currently 38.1 days.

ADENTRA Stock Performance

ADENTRA stock opened at $28.36 on Monday. The company’s fifty day simple moving average is $29.88 and its 200-day simple moving average is $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 issued a dividend of $0.1034 per share. This is a boost from ADENTRA’s previous dividend of $0.10. This represents a dividend yield of 1.38%. The ex-dividend date of this dividend was Friday, April 12th. ADENTRA’s payout ratio is currently 19.67%.

ADENTRA Company Profile

(Get Free Report)

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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