Short Interest in Finning International Inc. (OTCMKTS:FINGF) Expands By 7.1%

Finning International Inc. (OTCMKTS:FINGFGet Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 346,400 shares, a growth of 7.1% from the April 30th total of 323,400 shares. Based on an average daily volume of 46,800 shares, the short-interest ratio is currently 7.4 days.

Finning International Stock Down 0.6 %

Shares of Finning International stock opened at $29.98 on Tuesday. Finning International has a 12 month low of $24.52 and a 12 month high of $34.93. The stock’s fifty day simple moving average is $30.80 and its 200 day simple moving average is $28.62.

Finning International Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 6th. Shareholders of record on Wednesday, May 22nd will be issued a $0.201 dividend. This is an increase from Finning International’s previous dividend of $0.19. This represents a dividend yield of 2.49%. The ex-dividend date is Tuesday, May 21st. Finning International’s dividend payout ratio is 37.53%.

About Finning International

(Get Free Report)

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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