Oil-Dri Co. of America (NYSE:ODC - Get Rating) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 17,900 shares, a drop of 39.5% from the November 30th total of 29,600 shares. Approximately 0.4% of the company's stock are sold short. Based on an average daily trading volume, of 10,500 shares, the short-interest ratio is presently 1.7 days.
Oil-Dri Co. of America (NYSE:ODC) declared a quarterly dividend on Thursday, December 8th. Shareholders of record on Friday, February 10th will be given a dividend of 0.28 per share by the specialty chemicals company on Friday, February 24th. This represents a $1.12 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date is Thursday, February 9th.