McCoy Global Inc. (OTCMKTS:MCCRF – Get Free Report) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 39,400 shares, a decline of 17.4% from the January 15th total of 47,700 shares. Based on an average trading volume of 27,400 shares, the short-interest ratio is currently 1.4 days.
McCoy Global Stock Down 1.5 %
Shares of McCoy Global stock opened at $1.99 on Friday. The company has a fifty day moving average of $1.97 and a 200 day moving average of $1.91. McCoy Global has a fifty-two week low of $1.34 and a fifty-two week high of $2.77.
McCoy Global Cuts Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were paid a $0.0144 dividend. This represents a yield of 2.95%. The ex-dividend date of this dividend was Tuesday, December 31st. McCoy Global’s payout ratio is currently 40.32%.
About McCoy Global
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.
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