ADENTRA Inc. (OTCMKTS:HDIUF) Short Interest Up 6.4% in April

ADENTRA Inc. (OTCMKTS:HDIUF) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 38,400 shares, a growth of 6.4% from the March 31st total of 36,100 shares. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is presently 15.4 days.

ADENTRA Stock Performance

Shares of OTCMKTS HDIUF opened at $31.72 on Thursday. The company’s 50 day simple moving average is $28.55 and its 200 day simple moving average is $23.97. ADENTRA has a fifty-two week low of $17.94 and a fifty-two week high of $31.72.

ADENTRA Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 26th. Shareholders of record on Monday, April 15th were paid a $0.1034 dividend. This represents a yield of 1.38%. The ex-dividend date of this dividend was Friday, April 12th. This is an increase from ADENTRA’s previous dividend of $0.10. ADENTRA’s dividend payout ratio is presently 19.67%.

ADENTRA Company Profile

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.