McCoy Global Inc. (OTCMKTS:MCCRF) Short Interest Up 90.4% in February

McCoy Global Inc. (OTCMKTS:MCCRF) was the recipient of a large growth in short interest in 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 volume of 14,300 shares, the short-interest ratio is currently 1.5 days.

McCoy Global Stock Up 1.3 %

Shares of MCCRF stock traded up $0.03 on Friday, hitting $2.03. 1,400 shares of the stock traded hands, compared to its average volume of 17,265. McCoy Global has a 52 week low of $1.34 and a 52 week high of $2.77. The firm has a 50 day simple moving average of $1.93 and a two-hundred day simple moving average of $1.96.

McCoy Global Cuts Dividend

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