McCoy Global Inc. (OTCMKTS:MCCRF) Sees Significant Drop in Short Interest

McCoy Global Inc. (OTCMKTS:MCCRF) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 24,200 shares, a decrease of 30.5% from the August 15th total of 34,800 shares. Based on an average trading volume of 24,700 shares, the short-interest ratio is currently 1.0 days.

McCoy Global Stock Performance

MCCRF remained flat at $1.43 during trading on Monday. The company had a trading volume of 300 shares, compared to its average volume of 14,595. McCoy Global has a twelve month low of $1.03 and a twelve month high of $1.79. The company has a 50-day simple moving average of $1.48 and a 200-day simple moving average of $1.47.

McCoy Global Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, July 1st were issued a $0.0146 dividend. This represents a dividend yield of 4.07%. The ex-dividend date was Friday, June 28th. McCoy Global’s payout ratio is 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 primarily in Canada, the United States, Latin America, the Middle East, Africa, Europe, and the Asia-Pacific. The company designs, produces, and distributes capital equipment to support tubular running operation; enhance wellbore integrity; and supports capital equipment sales through aftermarket products and services, such as technical support, consumables, and replacement parts.