Medical Facilities Co. (OTCMKTS:MFCSF) Sees Large Increase in Short Interest

Medical Facilities Co. (OTCMKTS:MFCSF) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 89,900 shares, an increase of 23.7% from the January 15th total of 72,700 shares. Based on an average trading volume of 6,700 shares, the days-to-cover ratio is currently 13.4 days.

Medical Facilities Trading Up 1.6 %

Shares of OTCMKTS MFCSF traded up $0.19 during trading hours on Friday, hitting $12.00. 2,681 shares of the stock were exchanged, compared to its average volume of 4,866. Medical Facilities has a 12 month low of $6.37 and a 12 month high of $12.08. The firm has a fifty day moving average price of $11.18 and a 200-day moving average price of $10.67.

Medical Facilities Cuts Dividend

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

Medical Facilities Company Profile

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.