Birchcliff Energy Ltd. (OTCMKTS:BIREF) Short Interest Update

Birchcliff Energy Ltd. (OTCMKTS:BIREF) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 17,244,500 shares, an increase of 5.5% from the December 15th total of 16,349,600 shares. Based on an average daily volume of 129,500 shares, the short-interest ratio is currently 133.2 days.

Birchcliff Energy Stock Performance

Shares of OTCMKTS BIREF opened at $3.95 on Monday. Birchcliff Energy has a one year low of $3.15 and a one year high of $4.83. The business’s 50-day moving average price is $3.69 and its two-hundred day moving average price is $4.03. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $1.07 billion, a P/E ratio of 98.69 and a beta of 0.62.

Birchcliff Energy Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a $0.0714 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a yield of 8.06%. Birchcliff Energy’s dividend payout ratio is currently 700.18%.

Birchcliff Energy Company Profile

Birchcliff Energy Ltd., an intermediate oil and natural gas company, explores for, develops, and produces natural gas, light oil, condensate, and other natural gas liquids in Western Canada. The company holds interests in the areas of Montney/Doig Resource Play, including the Pouce Coupe and Gordondale properties in Alberta.