McCoy Global Inc. (OTCMKTS:MCCRF) Short Interest Down 54.0% in October

McCoy Global Inc. (OTCMKTS:MCCRF) saw a large drop in short interest in October. As of October 31st, there was short interest totalling 14,800 shares, a drop of 54.0% from the October 15th total of 32,200 shares. Based on an average daily volume of 23,500 shares, the short-interest ratio is presently 0.6 days.

McCoy Global Stock Performance

Shares of OTCMKTS:MCCRF remained flat at $2.12 during trading on Wednesday. 2,379 shares of the stock traded hands, compared to its average volume of 15,519. McCoy Global has a 52 week low of $1.12 and a 52 week high of $2.77. The stock has a fifty day simple moving average of $2.00 and a 200 day simple moving average of $1.66.

McCoy Global Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.0146 dividend. This represents a dividend yield of 3.83%. The ex-dividend date was Friday, September 27th. 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.