Short Interest in Birchcliff Energy Ltd. (OTCMKTS:BIREF) Expands By 5.5%

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

Birchcliff Energy Trading Up 1.3 %

Shares of BIREF stock traded up $0.05 during trading hours on Monday, reaching $3.95. 77,959 shares of the stock traded hands, compared to its average volume of 79,753. The business has a fifty day moving average price of $3.69 and a 200 day moving average price of $4.03. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.22. Birchcliff Energy has a 1-year low of $3.15 and a 1-year high of $4.83. The firm has a market capitalization of $1.07 billion, a PE 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. Stockholders of record on Monday, December 16th were given a dividend of $0.0714 per share. This represents a dividend yield of 8.06%. The ex-dividend date of this dividend was Friday, December 13th. Birchcliff Energy's dividend payout ratio is presently 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.