Birchcliff Energy Ltd. (OTCMKTS:BIREF) Short Interest Update

Birchcliff Energy Ltd. (OTCMKTS:BIREF) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 18,089,000 shares, an increase of 5.6% from the October 31st total of 17,132,200 shares. Based on an average trading volume of 115,300 shares, the short-interest ratio is currently 156.9 days.

Birchcliff Energy Stock Performance

Shares of BIREF stock opened at $3.61 on Thursday. Birchcliff Energy has a fifty-two week low of $3.42 and a fifty-two week high of $4.84. The stock’s 50-day moving average is $3.88 and its two-hundred day moving average is $4.20. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market cap of $973.98 million, a P/E ratio of 90.27 and a beta of 0.62.

Birchcliff Energy Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 16th were given a dividend of $0.073 per share. This represents a yield of 6.99%. The ex-dividend date of this dividend was Friday, September 13th. Birchcliff Energy’s payout ratio is presently 750.19%.

About Birchcliff Energy

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.