Analysis of Short Interest in Utilities Sector
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy CDZI?
Source: seekingalpha
- Broad Short Interest: As of mid-February, short interest across the utilities sector was broadly spread without a clear standout, indicating a general bearish sentiment among investors towards the sector.
- Cadiz Leads in Short Interest: Cadiz recorded the highest short interest at 7.04% among utilities stocks with market caps under $2 billion, reflecting strong investor concerns about its future performance and potential stock volatility.
- VivoPower International Follows: VivoPower International's short interest stood at 6.20%, mirroring the bearish sentiment seen in Cadiz, which could impact its financing options and stock price stability.
- Lowest Short Interest Stocks: Both Hyflux and RGC Resources had the lowest short interest at 0.58%, suggesting a relatively optimistic outlook from the market, which may attract more investor interest in these companies.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CDZI?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CDZI
About CDZI
Cadiz Inc. is a water solutions provider with a combination of land, water, pipeline, and water filtration assets located in Southern California. The Company's segments include Land and Water Resources, and Water Filtration Technology. The Land and Water Resources segment comprises all activities regarding its properties in the eastern Mojave Desert pre-revenue development of the Water Project (supply, storage and conveyance), and agricultural operations. The Water Filtration Technology segment comprises ATEC Water Systems LLC, its subsidiary, which provides water filtration solutions for impaired or contaminated groundwater sources. Its portfolio of assets includes over 2.5 million acre-feet of water supply, one million acre-feet of groundwater storage capacity, 220 miles of existing, underground pipeline, and versatile and scalable water filtration technology. It has over 46,000 acres of land with naturally recharging groundwater resources in Southern California’s Mojave Desert.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cadiz Secures EPA Loan Support for Water Project
- EPA Loan Support: The U.S. Environmental Protection Agency has selected the Mojave Groundwater Bank project to apply for a low-interest loan of up to $194 million, which will fund capital costs and marks a significant milestone in project financing, expected to accelerate construction progress.
- Optimized Financing Structure: Cadiz plans to fund construction through a combination of equity capital, government grants, municipal financing, and low-interest debt programs like WIFIA, which, if approved, will significantly reduce financing costs and enhance the project's economic viability.
- Public-Private Partnership Model: The CEO of Cadiz stated that the public-private partnership model is the best way to finance large-scale water infrastructure, as this innovative investment structure will help lower water rates and improve the efficiency of infrastructure development.
- Investor Participation: Lytton Rancheria has agreed to provide up to $51 million as the first tranche of approximately $450 million in total equity capital, which will provide crucial support for the construction and development of the Mojave Groundwater Bank.
See More
CADIZ MOJAVE GROUNDWATER BANK NORTHERN PIPELINE PROJECT CHOSEN TO APPLY FOR $194 MILLION WIFIA LOAN
Project Overview: The Northern Pipeline Project has been selected to submit an application for funding.
Funding Amount: The project is seeking a loan of $194 million to support its initiatives.
See More
Analysis of Short Interest in Utilities Sector
- Broad Short Interest: As of mid-February, short interest across the utilities sector was broadly spread without a clear standout, indicating a general bearish sentiment among investors towards the sector.
- Cadiz Leads in Short Interest: Cadiz recorded the highest short interest at 7.04% among utilities stocks with market caps under $2 billion, reflecting strong investor concerns about its future performance and potential stock volatility.
- VivoPower International Follows: VivoPower International's short interest stood at 6.20%, mirroring the bearish sentiment seen in Cadiz, which could impact its financing options and stock price stability.
- Lowest Short Interest Stocks: Both Hyflux and RGC Resources had the lowest short interest at 0.58%, suggesting a relatively optimistic outlook from the market, which may attract more investor interest in these companies.
See More
Cadiz Secures EPA Loan Support for Water Project
- EPA Loan Support: The U.S. Environmental Protection Agency has selected the Mojave Groundwater Bank project to apply for a low-interest loan of up to $194 million, which provides crucial financing assurance and is expected to accelerate construction and enhance water resource management capabilities.
- Optimized Financing Structure: Cadiz plans to support project construction through a diversified financing approach, including equity, government grants, and low-interest debt, which is anticipated to effectively reduce construction costs and improve the project's financial viability.
- Public-Private Partnership Model: The CEO of Cadiz stated that the public-private partnership model is the best way to finance large-scale water infrastructure, which will help lower costs for ratepayers and enhance the sustainability of water resources.
- Investor Participation: Lytton Rancheria has agreed to provide up to $51 million as the first tranche of approximately $450 million in equity financing, which will provide strong funding support for the construction and development of the Mojave Groundwater Bank.
See More
Former Microsoft CFO Joins Cadiz Board
- Executive Appointment: Cadiz, Inc. announced the addition of former Microsoft CFO Dave O'Hara to its Board, leveraging his extensive experience in corporate finance and commercial strategy to enhance the company's strategic growth and financial discipline.
- Industry Background: With over 20 years at Microsoft, O'Hara oversaw investment strategies and financial analysis, particularly in managing capital-intensive projects like data centers and cloud infrastructure, which will provide crucial support for Cadiz's capital investments.
- Market Opportunity: O'Hara noted that Cadiz's asset portfolio in water and energy is positioned at a pivotal moment of rapidly increasing demand, which is expected to create new growth opportunities for the company while addressing challenges posed by climate change.
- Educational Background: O'Hara holds a Bachelor's degree in Economics and an MBA from the University of South Dakota, providing a solid academic foundation to offer strategic insights for the company's decision-making.
See More
Former Microsoft CFO Joins Cadiz Board
- Executive Appointment: Cadiz, Inc. announced the addition of former Microsoft Commercial CFO Dave O'Hara to its Board, bringing extensive experience in corporate finance and commercial strategy that will guide the company towards strategic growth.
- Capital Investment Expertise: O'Hara's oversight of large-scale capital investments at Microsoft, including data centers and cloud infrastructure, will enhance Cadiz's management of capital-intensive projects in the water and energy sectors.
- Market Opportunity: O'Hara highlighted that Cadiz's asset portfolio in water and energy is positioned at a critical time of rapidly increasing demand, providing the company with unique market opportunities to support emerging high-growth industries.
- Strategic Impact: O'Hara's appointment is seen as a pivotal moment for Cadiz, expected to drive innovation and development in addressing climate change and providing clean water resources, thereby strengthening its competitive position in the industry.
See More
Cadiz Secures EPA Loan Support for Water Project
- EPA Loan Support: The U.S. Environmental Protection Agency has selected the Mojave Groundwater Bank project to apply for a low-interest loan of up to $194 million, which will fund capital costs and marks a significant milestone in project financing, expected to accelerate construction progress.
- Optimized Financing Structure: Cadiz plans to fund construction through a combination of equity capital, government grants, municipal financing, and low-interest debt programs like WIFIA, which, if approved, will significantly reduce financing costs and enhance the project's economic viability.
- Public-Private Partnership Model: The CEO of Cadiz stated that the public-private partnership model is the best way to finance large-scale water infrastructure, as this innovative investment structure will help lower water rates and improve the efficiency of infrastructure development.
- Investor Participation: Lytton Rancheria has agreed to provide up to $51 million as the first tranche of approximately $450 million in total equity capital, which will provide crucial support for the construction and development of the Mojave Groundwater Bank.
See More
CADIZ MOJAVE GROUNDWATER BANK NORTHERN PIPELINE PROJECT CHOSEN TO APPLY FOR $194 MILLION WIFIA LOAN
Project Overview: The Northern Pipeline Project has been selected to submit an application for funding.
Funding Amount: The project is seeking a loan of $194 million to support its initiatives.
See More
Analysis of Short Interest in Utilities Sector
- Broad Short Interest: As of mid-February, short interest across the utilities sector was broadly spread without a clear standout, indicating a general bearish sentiment among investors towards the sector.
- Cadiz Leads in Short Interest: Cadiz recorded the highest short interest at 7.04% among utilities stocks with market caps under $2 billion, reflecting strong investor concerns about its future performance and potential stock volatility.
- VivoPower International Follows: VivoPower International's short interest stood at 6.20%, mirroring the bearish sentiment seen in Cadiz, which could impact its financing options and stock price stability.
- Lowest Short Interest Stocks: Both Hyflux and RGC Resources had the lowest short interest at 0.58%, suggesting a relatively optimistic outlook from the market, which may attract more investor interest in these companies.
See More
Cadiz Secures EPA Loan Support for Water Project
- EPA Loan Support: The U.S. Environmental Protection Agency has selected the Mojave Groundwater Bank project to apply for a low-interest loan of up to $194 million, which provides crucial financing assurance and is expected to accelerate construction and enhance water resource management capabilities.
- Optimized Financing Structure: Cadiz plans to support project construction through a diversified financing approach, including equity, government grants, and low-interest debt, which is anticipated to effectively reduce construction costs and improve the project's financial viability.
- Public-Private Partnership Model: The CEO of Cadiz stated that the public-private partnership model is the best way to finance large-scale water infrastructure, which will help lower costs for ratepayers and enhance the sustainability of water resources.
- Investor Participation: Lytton Rancheria has agreed to provide up to $51 million as the first tranche of approximately $450 million in equity financing, which will provide strong funding support for the construction and development of the Mojave Groundwater Bank.
See More
Former Microsoft CFO Joins Cadiz Board
- Executive Appointment: Cadiz, Inc. announced the addition of former Microsoft CFO Dave O'Hara to its Board, leveraging his extensive experience in corporate finance and commercial strategy to enhance the company's strategic growth and financial discipline.
- Industry Background: With over 20 years at Microsoft, O'Hara oversaw investment strategies and financial analysis, particularly in managing capital-intensive projects like data centers and cloud infrastructure, which will provide crucial support for Cadiz's capital investments.
- Market Opportunity: O'Hara noted that Cadiz's asset portfolio in water and energy is positioned at a pivotal moment of rapidly increasing demand, which is expected to create new growth opportunities for the company while addressing challenges posed by climate change.
- Educational Background: O'Hara holds a Bachelor's degree in Economics and an MBA from the University of South Dakota, providing a solid academic foundation to offer strategic insights for the company's decision-making.
See More
Former Microsoft CFO Joins Cadiz Board
- Executive Appointment: Cadiz, Inc. announced the addition of former Microsoft Commercial CFO Dave O'Hara to its Board, bringing extensive experience in corporate finance and commercial strategy that will guide the company towards strategic growth.
- Capital Investment Expertise: O'Hara's oversight of large-scale capital investments at Microsoft, including data centers and cloud infrastructure, will enhance Cadiz's management of capital-intensive projects in the water and energy sectors.
- Market Opportunity: O'Hara highlighted that Cadiz's asset portfolio in water and energy is positioned at a critical time of rapidly increasing demand, providing the company with unique market opportunities to support emerging high-growth industries.
- Strategic Impact: O'Hara's appointment is seen as a pivotal moment for Cadiz, expected to drive innovation and development in addressing climate change and providing clean water resources, thereby strengthening its competitive position in the industry.
See More
