Cardinal Energy Ltd. (OTCMKTS:CRLFF – Get Free Report) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 6,182,000 shares, a decrease of 14.1% from the December 31st total of 7,198,000 shares. Based on an average trading volume of 99,000 shares, the days-to-cover ratio is presently 62.4 days.
Cardinal Energy Price Performance
CRLFF opened at $4.35 on Monday. Cardinal Energy has a 1-year low of $4.00 and a 1-year high of $5.39. The business has a 50 day moving average of $4.55 and a 200-day moving average of $4.73.
Cardinal Energy Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be given a $0.0418 dividend. The ex-dividend date is Friday, January 31st. This represents a dividend yield of 10.9%. Cardinal Energy’s dividend payout ratio is 8.93%.
Cardinal Energy Company Profile
Cardinal Energy Ltd. engages in the acquisition, development, optimization, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.
Further Reading
- Five stocks we like better than Cardinal Energy
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- 3X-Leveraged ETFs: Amplify Returns With These 3 Top Picks
- Insider Buying Explained: What Investors Need to Know
- 3 Underrated Robotics Stocks Poised for Major Growth
- Financial Services Stocks Investing
- Reshoring Riches: Investing in Made in America 2.0
Receive News & Ratings for Cardinal Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cardinal Energy and related companies with MarketBeat.com's FREE daily email newsletter.
