Medical Facilities Co. (OTCMKTS:MFCSF) Sees Large Growth in Short Interest

Medical Facilities Co. (OTCMKTS:MFCSFGet 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

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Medical Facilities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Facilities and related companies with MarketBeat.com's FREE daily email newsletter.