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

InPlay Oil Corp. (OTCMKTS:IPOOF - Get Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 494,000 shares, a growth of 6.9% from the January 15th total of 462,300 shares. Based on an average daily volume of 82,900 shares, the short-interest ratio is currently 6.0 days.

InPlay Oil Stock Down 6.8 %

Shares of IPOOF stock traded down $0.09 during trading hours on Thursday, hitting $1.17. 308,330 shares of the company's stock traded hands, compared to its average volume of 61,728. The stock's fifty day simple moving average is $1.18 and its two-hundred day simple moving average is $1.35. InPlay Oil has a 12-month low of $1.07 and a 12-month high of $1.99. The stock has a market cap of $106.64 million, a price-to-earnings ratio of 8.36 and a beta of 1.57. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.19.

InPlay Oil Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, February 28th. Investors of record on Monday, February 17th will be issued a $0.0103 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a yield of 10.47%. InPlay Oil's payout ratio is currently 85.71%.

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.