Finning International Inc. (OTCMKTS:FINGF) Short Interest Update

Finning International Inc. (OTCMKTS:FINGFGet Free Report) was the recipient of a large growth in short interest in the month of 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 trading volume of 46,800 shares, the short-interest ratio is presently 7.4 days.

Finning International Trading Up 0.5 %

Shares of FINGF stock traded up $0.15 during trading hours on Friday, hitting $30.17. 160,938 shares of the company were exchanged, compared to its average volume of 27,820. The firm has a fifty day simple moving average of $30.75 and a 200 day simple moving average of $28.58. Finning International has a 52-week low of $24.52 and a 52-week high of $34.93.

Finning International Increases Dividend

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

About Finning International

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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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