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

Medical Facilities Co. (OTCMKTS:MFCSF) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 33,800 shares, a drop of 37.4% from the September 30th total of 54,000 shares. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is currently 5.7 days.

Medical Facilities Stock Performance

OTCMKTS:MFCSF opened at $10.69 on Friday. The firm has a fifty day simple moving average of $10.17 and a two-hundred day simple moving average of $9.42. Medical Facilities has a 12 month low of $6.04 and a 12 month high of $10.75.

Medical Facilities Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a dividend of $0.0663 per share. This is a boost from Medical Facilities’s previous dividend of $0.06. This represents a dividend yield of 2.62%. The ex-dividend date was Friday, September 27th. Medical Facilities’s dividend payout ratio (DPR) 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.