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

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

InPlay Oil Price Performance

Shares of InPlay Oil stock remained flat at $1.80 during trading on Tuesday. The stock had a trading volume of 14,105 shares, compared to its average volume of 61,169. The company has a fifty day moving average price of $1.76 and a 200-day moving average price of $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. InPlay Oil has a 52-week low of $1.49 and a 52-week high of $2.20. The stock has a market capitalization of $164.00 million, a P/E ratio of 5.45 and a beta of 1.61.

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

InPlay Oil Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be given a $0.0111 dividend. The ex-dividend date is Friday, April 12th. This is a positive change from InPlay Oil’s previous dividend of $0.01. This represents a dividend yield of 7.21%. InPlay Oil’s dividend payout ratio is 39.40%.

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.