Short Interest in InPlay Oil Corp. (OTCMKTS:IPOOF) Rises By 19.4%

InPlay Oil Corp. (OTCMKTS:IPOOF - Get Free Report) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 462,300 shares, a growth of 19.4% from the December 31st total of 387,300 shares. Based on an average daily volume of 135,900 shares, the short-interest ratio is presently 3.4 days.

InPlay Oil Price Performance

IPOOF stock traded up $0.02 during trading on Friday, reaching $1.18. 24,825 shares of the company were exchanged, compared to its average volume of 60,521. InPlay Oil has a 52-week low of $1.07 and a 52-week high of $1.99. 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 $106.34 million, a P/E ratio of 8.43 and a beta of 1.57. The stock's 50 day moving average price is $1.19 and its 200 day moving average price is $1.38.

InPlay Oil Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were issued a dividend of $0.0104 per share. The ex-dividend date was Wednesday, January 15th. This represents a yield of 9.91%. InPlay Oil's dividend payout ratio is presently 85.71%.

About InPlay Oil

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.