Medical Facilities Co. (OTCMKTS:MFCSF) Short Interest Update

Medical Facilities Co. (OTCMKTS:MFCSF) was the target of a large growth in short interest in the month of 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 days-to-cover ratio is currently 11.4 days.

Medical Facilities Price Performance

Shares of OTCMKTS MFCSF traded up $0.63 during midday trading on Friday, reaching $11.52. 11,735 shares of the stock were exchanged, compared to its average volume of 3,233. Medical Facilities has a twelve month low of $6.37 and a twelve month high of $11.85. The firm has a 50-day simple moving average of $11.02 and a two-hundred day simple moving average of $10.37.

Medical Facilities Cuts Dividend

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