InPlay Oil Corp. (OTCMKTS:IPOOF) Short Interest Down 53.9% in March

InPlay Oil Corp. (OTCMKTS:IPOOF – Get Rating) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 65,300 shares, a drop of 53.9% from the March 15th total of 141,500 shares. Based on an average daily volume of 521,900 shares, the short-interest ratio is currently 0.1 days.

IPOOF opened at $3.27 on Thursday. The stock has a market cap of $282.98 million, a price-to-earnings ratio of 4.34 and a beta of 1.92. InPlay Oil has a 1 year low of $0.38 and a 1 year high of $3.47. The company has a current ratio of 0.29, a quick ratio of 0.24 and a debt-to-equity ratio of 0.14. The stock has a fifty day moving average price of $2.76 and a 200 day moving average price of $2.06.

About InPlay Oil (Get Rating)

InPlay Oil Corp. engages in the acquisition, exploration, development, and production petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It primarily holds interests in the Cardium Formation in the Pembina and Willesden Green pools located in West Central Alberta.

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