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

InPlay Oil Corp. (OTCMKTS:IPOOF) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 122,100 shares, a growth of 27.1% from the March 31st total of 96,100 shares. Based on an average daily volume of 139,700 shares, the short-interest ratio is presently 0.9 days.

InPlay Oil Price Performance

OTCMKTS IPOOF remained flat at $1.80 on Tuesday. The company’s stock had a trading volume of 14,105 shares, compared to its average volume of 61,169. The stock’s 50 day moving average price is $1.76 and its two-hundred day moving average price is $1.74. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.68 and a current ratio of 0.93. The company has a market capitalization of $164.00 million, a P/E ratio of 5.45 and a beta of 1.61. InPlay Oil has a 52-week low of $1.49 and a 52-week high of $2.20.

InPlay Oil (OTCMKTS:IPOOF) last released its earnings results on Wednesday, March 13th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. InPlay Oil had a return on equity of 14.11% and a net margin of 18.60%. The firm had revenue of $34.99 million for the quarter, compared to analyst estimates of $35.93 million. As a group, equities research analysts forecast that InPlay Oil will post 0.21 EPS for the current fiscal year.

InPlay Oil Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be issued a dividend of $0.0111 per share. This represents a yield of 7.21%. This is a boost from InPlay Oil’s previous dividend of $0.01. The ex-dividend date is Friday, April 12th. InPlay Oil’s dividend payout ratio (DPR) is presently 39.40%.

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.