Medical Facilities Co. (OTCMKTS:MFCSF – Get Free Report) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 89,900 shares, a growth of 23.7% from the January 15th total of 72,700 shares. Based on an average daily volume of 6,700 shares, the short-interest ratio is currently 13.4 days.
Medical Facilities Stock Up 1.6 %
Shares of MFCSF stock traded up $0.19 on Friday, hitting $12.00. 2,681 shares of the stock traded hands, compared to its average volume of 4,866. Medical Facilities has a 52 week low of $6.37 and a 52 week high of $12.08. The firm has a 50 day simple moving average of $11.18 and a two-hundred day simple moving average of $10.67.
Medical Facilities 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 $0.0628 per share. The ex-dividend date was Tuesday, December 31st. This represents a dividend yield of 2.34%. Medical Facilities’s payout ratio is 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.
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