Headwater Exploration Inc. (OTCMKTS:CDDRF – Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 3,124,400 shares, a growth of 20.9% from the February 13th total of 2,583,300 shares. Based on an average trading volume of 64,800 shares, the short-interest ratio is currently 48.2 days.
Headwater Exploration Trading Up 1.6 %
CDDRF opened at $4.45 on Thursday. Headwater Exploration has a one year low of $3.89 and a one year high of $6.26. The business’s 50 day moving average price is $4.63 and its 200 day moving average price is $4.75.
Headwater Exploration Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st were issued a $0.0721 dividend. This represents a yield of 6.54%. The ex-dividend date was Tuesday, December 31st.
About Headwater Exploration
Headwater Exploration Inc engages in the exploration, development, and production of petroleum and natural gas in Canada. It holds interest in the Marten Hills area located in Alberta, and McCully Field area located in New Brunswick. The company was formerly known as Corridor Resources Inc and changed its name to Headwater Exploration Inc in March 2020.
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