Short Interest in Medical Facilities Co. (OTCMKTS:MFCSF) Expands By 27.9%

Medical Facilities Co. (OTCMKTS:MFCSF) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 64,100 shares, an increase of 27.9% from the December 15th total of 50,100 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is presently 11.4 days.

Medical Facilities Stock Performance

MFCSF stock traded up $0.63 during mid-day trading on Friday, hitting $11.52. The company had a trading volume of 11,735 shares, compared to its average volume of 3,233. The stock’s fifty day moving average price is $11.02 and its two-hundred day moving average price is $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 business also recently disclosed a dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st were given a $0.0628 dividend. This represents a dividend yield of 2.34%. The ex-dividend date of this dividend was Tuesday, December 31st. Medical Facilities’s payout ratio is currently 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.