McCoy Global Inc. (OTCMKTS:MCCRF) Short Interest Update

McCoy Global Inc. (OTCMKTS:MCCRF) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 18,000 shares, an increase of 21.6% from the October 31st total of 14,800 shares. Based on an average trading volume of 27,500 shares, the short-interest ratio is currently 0.7 days.

McCoy Global Stock Performance

Shares of OTCMKTS:MCCRF traded up $0.05 during mid-day trading on Monday, reaching $2.12. 3,900 shares of the company were exchanged, compared to its average volume of 14,809. McCoy Global has a 1 year low of $1.31 and a 1 year high of $2.77. The firm’s 50-day simple moving average is $2.17 and its 200 day simple moving average is $1.72.

McCoy Global Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a $0.0146 dividend. This represents a yield of 3.83%. The ex-dividend date of this dividend was Friday, September 27th. McCoy Global’s dividend payout ratio is currently 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.