McCoy Global Inc. (OTCMKTS:MCCRF – Get Free Report) saw a large decrease in short interest in January. As of January 31st, there was short interest totalling 39,400 shares, a decrease of 17.4% from the January 15th total of 47,700 shares. Based on an average daily volume of 27,400 shares, the days-to-cover ratio is currently 1.4 days.
McCoy Global Price Performance
MCCRF stock opened at $1.99 on Monday. The company’s 50-day moving average price is $1.97 and its two-hundred day moving average price is $1.91. McCoy Global has a 12 month low of $1.34 and a 12 month high of $2.77.
McCoy Global Cuts Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st were paid a $0.0144 dividend. The ex-dividend date was Tuesday, December 31st. This represents a yield of 2.95%. McCoy Global’s dividend payout ratio (DPR) is 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.
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