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

Birchcliff Energy Ltd. (OTCMKTS:BIREF) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 17,132,200 shares, a growth of 5.5% from the October 15th total of 16,242,500 shares. Based on an average daily trading volume, of 159,100 shares, the days-to-cover ratio is presently 107.7 days.

Birchcliff Energy Stock Performance

OTCMKTS BIREF opened at $3.66 on Tuesday. The firm has a market cap of $987.47 million, a price-to-earnings ratio of 88.25 and a beta of 0.64. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.22. Birchcliff Energy has a 1-year low of $3.42 and a 1-year high of $5.06. The company has a 50 day moving average of $3.99 and a 200-day moving average of $4.25.

Birchcliff Energy Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 16th were paid a $0.073 dividend. This represents a yield of 6.99%. The ex-dividend date was Friday, September 13th. Birchcliff Energy’s dividend payout ratio is currently 725.00%.

About Birchcliff Energy

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.