Actually when you pay a dividend any short positions have to be closed - they aren't trapped.
Generally a company has to be profitable to pay a dividend.
What are the dividend dates?
The company announces when the dividend will be paid, the amount and the ex-dividend date. Investors must have bought the stock at least two days before the official date of a dividend payment (the "date of record") in order to receive that payment.
ENZC hasn't provided any specifics about the dividend.
Seems like a ploy to get investors to buy.
And the company isn't profitable - so a dividend would lead to more losses.