Short Interest in McCoy Global Inc. (OTCMKTS:MCCRF) Increases By 18.7%

McCoy Global Inc. (OTCMKTS:MCCRF) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 47,700 shares, a growth of 18.7% from the December 31st total of 40,200 shares. Based on an average daily volume of 77,700 shares, the short-interest ratio is currently 0.6 days.

McCoy Global Stock Down 0.8 %

Shares of MCCRF stock traded down $0.02 during trading on Monday, reaching $2.03. 4,950 shares of the company’s stock were exchanged, compared to its average volume of 25,022. McCoy Global has a twelve month low of $1.34 and a twelve month high of $2.77. The firm’s fifty day moving average price is $1.98 and its 200-day moving average price is $1.88.

McCoy Global Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were issued a $0.0144 dividend. The ex-dividend date was Tuesday, December 31st. This represents a dividend yield of 2.95%. McCoy Global’s dividend 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.