Peyto Exploration & Development Corp. (OTCMKTS:PEYUF) Short Interest Up 21.8% in July

Peyto Exploration & Development Corp. (OTCMKTS:PEYUF) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 13,344,300 shares, a growth of 21.8% from the July 15th total of 10,954,900 shares. Based on an average trading volume of 141,800 shares, the short-interest ratio is presently 94.1 days.

Peyto Exploration & Development Trading Down 1.1 %

Peyto Exploration & Development stock traded down $0.12 during midday trading on Friday, reaching $10.72. The stock had a trading volume of 109,942 shares, compared to its average volume of 86,323. The firm’s 50-day moving average price is $10.63 and its 200 day moving average price is $10.72. Peyto Exploration & Development has a 12 month low of $7.88 and a 12 month high of $11.99.

Peyto Exploration & Development Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 15th. Stockholders of record on Thursday, August 1st were given a $0.0805 dividend. The ex-dividend date of this dividend was Wednesday, July 31st. This represents a dividend yield of 9.35%. This is an increase from Peyto Exploration & Development’s previous dividend of $0.08. Peyto Exploration & Development’s payout ratio is presently 74.96%.

Peyto Exploration & Development Company Profile

Peyto Exploration & Development Corp., an energy company, engages in the exploration, development, and production of natural gas, oil, and natural gas liquids in Deep Basin of Alberta. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp.