Short Interest in Medical Facilities Co. (OTCMKTS:MFCSF) Expands By 27.9%

Medical Facilities Co. (OTCMKTS:MFCSF) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 64,100 shares, a growth of 27.9% from the December 15th total of 50,100 shares. Based on an average daily volume of 5,600 shares, the short-interest ratio is currently 11.4 days.

Medical Facilities Stock Up 5.8 %

Shares of OTCMKTS MFCSF traded up $0.63 during trading on Friday, hitting $11.52. 11,735 shares of the company were exchanged, compared to its average volume of 3,233. Medical Facilities has a 12-month low of $6.37 and a 12-month high of $11.85. The company has a fifty day moving average price of $11.02 and a 200-day moving average price of $10.37.

Medical Facilities Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were issued a dividend of $0.0628 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a dividend yield of 2.34%. Medical Facilities’s dividend payout ratio is presently 110.58%.

About Medical Facilities

Medical Facilities Corporation, through its subsidiaries, owns and operates specialty hospitals and ambulatory surgery center in the United States. The company’s specialty hospital offers non-emergency surgical, imaging, diagnostic, and pain management procedures, as well as other ancillary services, such as primary and urgent care; and ambulatory surgery centers offers scheduled outpatient surgical procedures.