Cardinal Energy Ltd. (OTCMKTS:CRLFF) Short Interest Update

Cardinal Energy Ltd. (OTCMKTS:CRLFF) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 5,686,800 shares, an increase of 22.5% from the August 31st total of 4,643,200 shares. Based on an average daily volume of 85,300 shares, the days-to-cover ratio is presently 66.7 days.

Cardinal Energy Trading Down 0.0 %

Shares of CRLFF stock traded down $0.00 on Monday, reaching $4.70. 8,215 shares of the stock were exchanged, compared to its average volume of 39,971. The firm has a 50 day moving average of $4.92 and a two-hundred day moving average of $5.00. Cardinal Energy has a 1-year low of $4.24 and a 1-year high of $5.81.

Cardinal Energy Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st will be given a dividend of $0.0442 per share. This represents a dividend yield of 11.18%. This is a positive change from Cardinal Energy’s previous dividend of $0.04. The ex-dividend date of this dividend is Monday, September 30th. Cardinal Energy’s payout ratio is presently 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.