Finning International Inc. (OTCMKTS:FINGF) Short Interest Up 116.0% in January

Finning International Inc. (OTCMKTS:FINGF) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 562,800 shares, an increase of 116.0% from the January 15th total of 260,500 shares. Based on an average trading volume of 8,000 shares, the days-to-cover ratio is presently 70.4 days.

Finning International Stock Up 1.4 %

OTCMKTS:FINGF opened at $31.04 on Friday. Finning International has a 1-year low of $23.82 and a 1-year high of $33.25. The company has a 50-day moving average of $26.80 and a 200 day moving average of $28.42.

Finning International Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Friday, February 21st will be paid a $0.1925 dividend. This represents a yield of 2.48%. The ex-dividend date is Thursday, February 20th. Finning International’s dividend payout ratio (DPR) is presently 37.53%.

About Finning International

Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.