McCoy Global Inc. (OTCMKTS:MCCRF) Sees Significant Increase in Short Interest

McCoy Global Inc. (OTCMKTS:MCCRF) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 47,700 shares, a growth of 18.7% from the December 31st total of 40,200 shares. Based on an average daily trading volume, of 77,700 shares, the short-interest ratio is presently 0.6 days.

McCoy Global Stock Down 0.8 %

Shares of MCCRF stock traded down $0.02 during trading on Monday, hitting $2.03. 4,950 shares of the stock traded hands, compared to its average volume of 25,022. The firm’s fifty day moving average price is $1.98 and its 200-day moving average price is $1.88. McCoy Global has a 52-week low of $1.34 and a 52-week high of $2.77.

McCoy Global Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were paid a dividend of $0.0144 per share. This represents a yield of 2.95%. The ex-dividend date was Tuesday, December 31st. McCoy Global’s dividend payout ratio (DPR) is presently 40.32%.

McCoy Global Company Profile

McCoy Global Inc provides equipment and technologies to support tubular running operations that enhance wellbore integrity and assist with collecting critical data for the energy industry. The company’s products are used during the well construction phase for land and offshore wells during oil and gas exploration and development.