InPlay Oil Corp. (OTCMKTS:IPOOF) Sees Large Decrease in Short Interest

InPlay Oil Corp. (OTCMKTS:IPOOF - Get Free Report) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 416,300 shares, a decline of 15.7% from the January 31st total of 494,000 shares. Based on an average trading volume of 105,300 shares, the days-to-cover ratio is presently 4.0 days.

InPlay Oil Trading Up 3.7 %

IPOOF traded up $0.04 during trading on Friday, reaching $1.11. 35,692 shares of the company's stock were exchanged, compared to its average volume of 67,800. InPlay Oil has a one year low of $1.02 and a one year high of $1.99. The company has a current ratio of 0.61, a quick ratio of 0.45 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $101.09 million, a PE ratio of 7.93 and a beta of 1.45. The firm has a fifty day moving average price of $1.18 and a two-hundred day moving average price of $1.31.

InPlay Oil Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 17th were paid a $0.0103 dividend. This represents a dividend yield of 10.47%. The ex-dividend date was Friday, February 14th. InPlay Oil's dividend payout ratio is currently 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.