InPlay Oil Corp. (OTCMKTS:IPOOF) Short Interest Down 15.7% in February

InPlay Oil Corp. (OTCMKTS:IPOOF) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 416,300 shares, a decline of 15.7% from the January 31st total of 494,000 shares. Based on an average daily volume of 105,300 shares, the days-to-cover ratio is currently 4.0 days.

InPlay Oil Stock Performance

Shares of OTCMKTS IPOOF traded down $0.03 during trading hours on Thursday, hitting $1.05. 25,294 shares of the stock were exchanged, compared to its average volume of 69,705. InPlay Oil has a one year low of $1.02 and a one year high of $1.99. The company’s 50 day moving average is $1.18 and its 200 day moving average is $1.32. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.61 and a quick ratio of 0.45. The firm has a market capitalization of $95.62 million, a P/E ratio of 7.50 and a beta of 1.45.

InPlay Oil Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 17th were given a dividend of $0.0103 per share. This represents a dividend yield of 10.47%. The ex-dividend date of this dividend was Friday, February 14th. InPlay Oil’s dividend payout ratio (DPR) is currently 85.71%.

InPlay Oil Company Profile

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.