Birchcliff Energy Ltd. (OTCMKTS:BIREF) Sees Large Increase in Short Interest

Birchcliff Energy Ltd. (OTCMKTS:BIREF) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 17,244,500 shares, a growth of 5.5% from the December 15th total of 16,349,600 shares. Based on an average daily volume of 129,500 shares, the short-interest ratio is presently 133.2 days.

Birchcliff Energy Trading Up 1.3 %

BIREF opened at $3.95 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.01 and a current ratio of 1.01. The stock’s 50 day moving average price is $3.69 and its 200-day moving average price is $4.03. Birchcliff Energy has a one year low of $3.15 and a one year high of $4.83. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 103.61 and a beta of 0.62.

Birchcliff Energy Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a $0.0714 dividend. This represents a yield of 8.06%. The ex-dividend date of this dividend was Friday, December 13th. Birchcliff Energy’s dividend payout ratio (DPR) is presently 700.18%.

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.