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

Birchcliff Energy Ltd. (OTCMKTS:BIREF) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 11,555,100 shares, a drop of 10.3% from the March 31st total of 12,885,900 shares. Based on an average daily volume of 148,500 shares, the days-to-cover ratio is presently 77.8 days.

Birchcliff Energy Trading Up 0.0 %

OTCMKTS BIREF opened at $4.15 on Monday. The firm has a 50 day simple moving average of $4.00 and a 200-day simple moving average of $4.42. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.91 and a current ratio of 0.91. Birchcliff Energy has a one year low of $3.42 and a one year high of $6.49. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 138.38 and a beta of 0.64.

Birchcliff Energy (OTCMKTS:BIREF) last issued its quarterly earnings results on Wednesday, February 14th. The company reported ($0.01) earnings per share (EPS) for the quarter. Birchcliff Energy had a return on equity of 0.45% and a net margin of 1.38%. The firm had revenue of $134.65 million during the quarter.

Birchcliff Energy Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were paid a $0.074 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a yield of 7.23%. Birchcliff Energy’s dividend payout ratio is currently 1,967.32%.

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.