Finning International Inc. (OTCMKTS:FINGF) Short Interest Update

Finning International Inc. (OTCMKTS:FINGF) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 562,800 shares, an increase of 116.0% from the January 15th total of 260,500 shares. Based on an average daily trading volume, of 8,000 shares, the days-to-cover ratio is presently 70.4 days.

Finning International Trading Up 1.4 %

Shares of FINGF opened at $31.04 on Friday. The firm has a 50-day simple moving average of $26.80 and a two-hundred day simple moving average of $28.42. Finning International has a 1-year low of $23.82 and a 1-year high of $33.25.

Finning International Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Friday, February 21st will be issued a $0.1925 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a yield of 2.48%. Finning International’s dividend payout ratio (DPR) is presently 37.53%.

About Finning International

Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.