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

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

McCoy Global Trading Down 0.8 %

Shares of MCCRF stock traded down $0.02 during trading on Monday, hitting $2.03. The company had a trading volume of 4,950 shares, compared to its average volume of 25,022. The stock’s 50-day moving average price is $1.98 and its 200 day moving average price is $1.88. McCoy Global has a one year low of $1.34 and a one year high of $2.77.

McCoy Global Cuts Dividend

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