Medical Facilities Co. (OTCMKTS:MFCSF – Get Free Report) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 64,100 shares, a growth of 27.9% from the December 15th total of 50,100 shares. Based on an average daily trading volume, of 5,600 shares, the days-to-cover ratio is currently 11.4 days.
Medical Facilities Price Performance
MFCSF stock traded up $0.63 during mid-day trading on Friday, reaching $11.52. The company had a trading volume of 11,735 shares, compared to its average volume of 3,233. The firm has a 50 day moving average of $11.02 and a 200 day moving average of $10.37. Medical Facilities has a 12 month low of $6.37 and a 12 month high of $11.85.
Medical Facilities Cuts Dividend
The company also recently announced a dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were given a dividend of $0.0628 per share. This represents a yield of 2.34%. The ex-dividend date of this dividend was Tuesday, December 31st. Medical Facilities’s dividend payout ratio (DPR) is presently 110.58%.
About Medical Facilities
Medical Facilities Corporation, through its subsidiaries, owns and operates specialty hospitals and ambulatory surgery center in the United States. The company’s specialty hospital offers non-emergency surgical, imaging, diagnostic, and pain management procedures, as well as other ancillary services, such as primary and urgent care; and ambulatory surgery centers offers scheduled outpatient surgical procedures.
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