Short Interest in Beach Energy Limited (OTCMKTS:BEPTF) Expands By 32.5%

Beach Energy Limited (OTCMKTS:BEPTF) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 694,900 shares, an increase of 32.5% from the October 15th total of 524,600 shares. Based on an average daily trading volume, of 11,500 shares, the short-interest ratio is currently 60.4 days.

Beach Energy Trading Down 2.8 %

BEPTF traded down $0.02 on Friday, hitting $0.80. 500 shares of the company were exchanged, compared to its average volume of 2,813. Beach Energy has a fifty-two week low of $0.72 and a fifty-two week high of $1.24. The business’s fifty day moving average is $0.81 and its 200 day moving average is $0.93.

Beach Energy Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, August 30th were issued a $0.02 dividend. This represents a yield of 1.59%. The ex-dividend date was Thursday, August 29th. Beach Energy’s dividend payout ratio (DPR) is 38.51%.

Beach Energy Company Profile

Beach Energy Limited operates as an oil and gas exploration and production company. It engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. The company also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons.