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

McCoy Global Inc. (OTCMKTS:MCCRF) was the recipient of a significant growth in short interest in 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 trading volume of 77,700 shares, the short-interest ratio is currently 0.6 days.

McCoy Global Trading Down 0.8 %

MCCRF stock traded down $0.02 on Monday, reaching $2.03. 4,950 shares of the company’s stock were exchanged, compared to its average volume of 25,022. McCoy Global has a twelve month low of $1.34 and a twelve month high of $2.77. The stock has a fifty day moving average of $1.98 and a 200-day moving average of $1.88.

McCoy Global Cuts Dividend

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