Short Interest in Imperial Petroleum Inc. (NASDAQ:IMPPP) Decreases By 10.3%

Imperial Petroleum Inc. (NASDAQ:IMPPP) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 2,600 shares, a decrease of 10.3% from the November 15th total of 2,900 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 1.1 days.

Imperial Petroleum Stock Up 0.6 %

Shares of NASDAQ:IMPPP opened at $25.15 on Tuesday. The business has a 50-day moving average of $25.19 and a two-hundred day moving average of $25.01. Imperial Petroleum has a fifty-two week low of $20.06 and a fifty-two week high of $29.81.

Imperial Petroleum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Tuesday, December 24th will be paid a $0.5469 dividend. The ex-dividend date is Tuesday, December 24th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 8.70%.

Imperial Petroleum Company Profile

Imperial Petroleum Inc provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers.