Finning International Inc. (OTCMKTS:FINGF) Short Interest Up 29.1% in November

Finning International Inc. (OTCMKTS:FINGF) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 580,900 shares, a growth of 29.1% from the October 31st total of 450,100 shares. Based on an average trading volume of 3,700 shares, the short-interest ratio is presently 157.0 days.

Finning International Price Performance

FINGF stock traded up $0.55 during midday trading on Friday, hitting $27.08. 150 shares of the company’s stock were exchanged, compared to its average volume of 16,488. Finning International has a 1-year low of $23.82 and a 1-year high of $33.25. The business has a 50-day simple moving average of $30.02 and a two-hundred day simple moving average of $29.49.

Finning International Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 28th will be issued a $0.1973 dividend. The ex-dividend date is Wednesday, November 27th. This represents a yield of 2.97%. Finning International’s dividend payout ratio (DPR) is currently 37.53%.

About Finning International

Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.