InPlay Oil Corp. (OTCMKTS:IPOOF) Short Interest Up 109.5% in February

InPlay Oil Corp. (OTCMKTS:IPOOF) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 872,000 shares, a growth of 109.5% from the February 13th total of 416,300 shares. Based on an average trading volume of 175,100 shares, the days-to-cover ratio is currently 5.0 days. Currently, 1.0% of the company’s stock are sold short.

InPlay Oil Stock Up 0.5 %

Shares of OTCMKTS:IPOOF traded up $0.01 during midday trading on Friday, hitting $1.11. 14,516 shares of the company’s stock traded hands, compared to its average volume of 62,586. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.45 and a current ratio of 0.61. The company has a market cap of $100.63 million, a PE ratio of 7.89 and a beta of 1.45. The firm’s fifty day moving average price is $1.17 and its two-hundred day moving average price is $1.29. InPlay Oil has a twelve month low of $1.02 and a twelve month high of $1.99.

InPlay Oil (OTCMKTS:IPOOF) last posted its earnings results on Friday, March 14th. The company reported $0.03 earnings per share for the quarter, meeting the consensus estimate of $0.03. The business had revenue of $27.82 million for the quarter, compared to analyst estimates of $38.59 million. InPlay Oil had a net margin of 11.66% and a return on equity of 6.39%. On average, equities research analysts anticipate that InPlay Oil will post 0.08 EPS for the current fiscal year.

InPlay Oil Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a dividend of $0.0104 per share. This is an increase from InPlay Oil’s previous dividend of $0.01. The ex-dividend date of this dividend is Friday, March 14th. This represents a yield of 11.57%. InPlay Oil’s payout ratio is 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.