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

McCoy Global Inc. (OTCMKTS:MCCRF) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 18,000 shares, an increase of 21.6% from the October 31st total of 14,800 shares. Based on an average daily volume of 27,500 shares, the short-interest ratio is presently 0.7 days.

McCoy Global Trading Up 2.4 %

MCCRF stock traded up $0.05 during trading on Monday, hitting $2.12. The stock had a trading volume of 3,900 shares, compared to its average volume of 14,809. McCoy Global has a twelve month low of $1.31 and a twelve month high of $2.77. The company’s 50-day moving average price is $2.17 and its two-hundred day moving average price is $1.72.

McCoy Global Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a dividend of $0.0146 per share. The ex-dividend date was Friday, September 27th. This represents a dividend yield of 3.83%. McCoy Global’s dividend payout ratio is presently 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. The company’s products are used during the well construction phase for land and offshore wells during oil and gas exploration and development.