Short Interest in McCoy Global Inc. (OTCMKTS:MCCRF) Grows By 90.4%

McCoy Global Inc. (OTCMKTS:MCCRF) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 21,900 shares, a growth of 90.4% from the February 13th total of 11,500 shares. Based on an average daily trading volume, of 14,300 shares, the short-interest ratio is presently 1.5 days.

McCoy Global Stock Up 1.3 %

Shares of McCoy Global stock traded up $0.03 during trading on Friday, hitting $2.03. 1,400 shares of the stock were exchanged, compared to its average volume of 17,265. The company has a fifty day moving average price of $1.93 and a 200-day moving average price of $1.96. McCoy Global has a 1-year low of $1.34 and a 1-year high of $2.77.

McCoy Global Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were issued a dividend of $0.0144 per share. This represents a dividend yield of 2.95%. The ex-dividend date of this dividend was Tuesday, December 31st. McCoy Global’s dividend payout ratio (DPR) 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.