McCoy Global Inc. (OTCMKTS:MCCRF) Short Interest Up 18.7% in January

McCoy Global Inc. (OTCMKTS:MCCRF) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 47,700 shares, an increase of 18.7% from the December 31st total of 40,200 shares. Based on an average trading volume of 77,700 shares, the short-interest ratio is presently 0.6 days.

McCoy Global Trading Down 0.8 %

Shares of OTCMKTS:MCCRF traded down $0.02 on Monday, hitting $2.03. 4,950 shares of the company were exchanged, compared to its average volume of 25,022. McCoy Global has a 1-year low of $1.34 and a 1-year high of $2.77. The stock’s 50 day moving average price is $1.98 and its 200 day moving average price is $1.88.

McCoy Global Cuts Dividend

The company 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 of this dividend was Tuesday, December 31st. This represents a yield of 2.95%. McCoy Global’s payout ratio 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.