Finning International Inc. (OTCMKTS:FINGF) Short Interest Down 5.6% in June

Finning International Inc. (OTCMKTS:FINGF) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totalling 282,200 shares, a drop of 5.6% from the May 31st total of 299,000 shares. Based on an average daily volume of 27,800 shares, the days-to-cover ratio is currently 10.2 days.

Finning International Price Performance

Shares of FINGF opened at $29.14 on Wednesday. The business’s 50 day moving average is $30.26 and its 200 day moving average is $29.07. Finning International has a 12-month low of $24.52 and a 12-month high of $34.93.

Finning International Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, June 6th. Stockholders of record on Wednesday, May 22nd were issued a $0.201 dividend. This represents a dividend yield of 2.49%. The ex-dividend date of this dividend was Tuesday, May 21st. This is an increase from Finning International’s previous dividend of $0.19. Finning International’s payout ratio 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.