Finning International Inc. (OTCMKTS:FINGF – Get Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 444,700 shares, a decrease of 8.2% from the November 30th total of 484,400 shares. Based on an average trading volume of 14,800 shares, the short-interest ratio is presently 30.0 days.
Finning International Stock Performance
Finning International stock remained flat at $26.03 during mid-day trading on Wednesday. The company’s stock had a trading volume of 51,229 shares, compared to its average volume of 16,490. The stock has a fifty day moving average price of $27.77 and a 200-day moving average price of $28.91. Finning International has a 52 week low of $23.82 and a 52 week high of $33.25.
Finning International Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, November 28th were given a $0.1973 dividend. The ex-dividend date was Wednesday, November 27th. This represents a yield of 2.97%. Finning International’s dividend payout ratio (DPR) is 37.53%.
Finning International Company Profile
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.
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