InPlay Oil Corp. (OTCMKTS:IPOOF) Short Interest Update

InPlay Oil Corp. (OTCMKTS:IPOOF) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 872,000 shares, an increase of 109.5% from the February 13th total of 416,300 shares. Based on an average daily trading volume, of 175,100 shares, the days-to-cover ratio is currently 5.0 days. Currently, 1.0% of the shares of the stock are sold short.

InPlay Oil Trading Up 0.5 %

Shares of InPlay Oil stock opened at $1.11 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.45 and a current ratio of 0.61. The company has a fifty day moving average of $1.17 and a 200 day moving average of $1.29. The company has a market capitalization of $100.63 million, a P/E ratio of 7.89 and a beta of 1.45. InPlay Oil has a fifty-two week low of $1.02 and a fifty-two week high of $1.99.

InPlay Oil (OTCMKTS:IPOOF) last released its earnings results on Friday, March 14th. The company reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. The firm had revenue of $27.82 million during the quarter, compared to analysts’ expectations of $38.59 million. InPlay Oil had a return on equity of 6.39% and a net margin of 11.66%. On average, sell-side analysts anticipate that InPlay Oil will post 0.08 earnings per share for the current fiscal year.

InPlay Oil Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a dividend of $0.0104 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a dividend yield of 11.57%. This is a boost from InPlay Oil’s previous dividend of $0.01. InPlay Oil’s dividend payout ratio (DPR) is presently 85.71%.

About InPlay Oil

InPlay Oil Corp. engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It focuses on light oil asset base located in West Central, Alberta. InPlay Oil Corp.