InPlay Oil Corp. (OTCMKTS:IPOOF) Short Interest Down 15.7% in February

InPlay Oil Corp. (OTCMKTS:IPOOF) saw a significant decline in short interest in 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 daily trading volume, of 105,300 shares, the days-to-cover ratio is presently 4.0 days.

InPlay Oil Trading Up 1.9 %

IPOOF stock opened at $1.07 on Friday. InPlay Oil has a twelve month low of $1.02 and a twelve month high of $1.99. The stock has a market capitalization of $97.44 million, a price-to-earnings ratio of 7.64 and a beta of 1.45. The company has a quick ratio of 0.45, a current ratio of 0.61 and a debt-to-equity ratio of 0.19. The firm’s fifty day simple moving average is $1.18 and its two-hundred day simple moving average is $1.32.

InPlay Oil Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 17th were issued a dividend of $0.0103 per share. This represents a yield of 10.47%. The ex-dividend date of this dividend was Friday, February 14th. InPlay Oil’s 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.