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

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

InPlay Oil Trading Down 2.3 %

OTCMKTS IPOOF traded down $0.03 during trading hours on Thursday, hitting $1.05. The company’s stock had a trading volume of 25,294 shares, compared to its average volume of 69,705. The stock has a fifty day moving average of $1.18 and a 200 day moving average of $1.32. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.19. InPlay Oil has a twelve month low of $1.02 and a twelve month high of $1.99. 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 business also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 17th were given a $0.0103 dividend. The ex-dividend date was Friday, February 14th. This represents a dividend yield of 10.47%. InPlay Oil’s dividend payout ratio is currently 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.