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

Birchcliff Energy Ltd. (OTCMKTS:BIREF - Get Free Report) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 17,132,200 shares, an increase 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 short-interest ratio is presently 107.7 days.

Birchcliff Energy Price Performance

Shares of BIREF traded down $0.12 on Friday, hitting $3.53. The company's stock had a trading volume of 222,884 shares, compared to its average volume of 85,312. The company has a market capitalization of $952.39 million, a PE ratio of 88.27 and a beta of 0.64. Birchcliff Energy has a fifty-two week low of $3.42 and a fifty-two week high of $5.10. The company has a 50 day moving average price of $3.99 and a 200 day moving average price of $4.24. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.52 and a quick ratio of 1.52.

Birchcliff Energy (OTCMKTS:BIREF - Get Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The company reported $0.12 earnings per share (EPS) for the quarter. Birchcliff Energy had a return on equity of 0.68% and a net margin of 2.43%. The business had revenue of $107.42 million for the quarter. On average, research analysts anticipate that Birchcliff Energy will post 0.73 earnings per share for the current fiscal year.

Birchcliff Energy Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 16th were given a $0.073 dividend. The ex-dividend date was Friday, September 13th. This represents a dividend yield of 6.99%. Birchcliff Energy's dividend payout ratio is presently 750.19%.

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.

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