Short Interest in Birchcliff Energy Ltd. (OTCMKTS:BIREF) Increases By 5.5%

Birchcliff Energy Ltd. (OTCMKTS:BIREF) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 17,132,200 shares, a growth of 5.5% from the October 15th total of 16,242,500 shares. Based on an average daily volume of 159,100 shares, the short-interest ratio is currently 107.7 days.

Birchcliff Energy Price Performance

BIREF opened at $3.66 on Tuesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.52 and a quick ratio of 1.52. The stock has a market capitalization of $987.47 million, a P/E ratio of 88.25 and a beta of 0.64. The company’s 50 day simple moving average is $3.99 and its 200-day simple moving average is $4.25. Birchcliff Energy has a one year low of $3.42 and a one year high of $5.06.

Birchcliff Energy Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 16th were given a $0.073 dividend. The ex-dividend date was Friday, September 13th. This represents a yield of 6.99%. Birchcliff Energy’s payout ratio is 725.00%.

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.