Cardinal Energy Ltd. (OTCMKTS:CRLFF) Short Interest Up 22.5% in September

Cardinal Energy Ltd. (OTCMKTS:CRLFF) was the target of a significant 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 trading volume of 85,300 shares, the short-interest ratio is currently 66.7 days.

Cardinal Energy Stock Down 0.0 %

Shares of CRLFF stock traded down $0.00 on Monday, hitting $4.70. 4,747 shares of the stock were exchanged, compared to its average volume of 39,952. Cardinal Energy has a one year low of $4.24 and a one year high of $5.81. The firm’s 50 day moving average is $4.92 and its two-hundred day moving average is $5.00.

Cardinal Energy Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st will be issued a $0.0442 dividend. This is a positive change from Cardinal Energy’s previous dividend of $0.04. This represents a dividend yield of 11.18%. The ex-dividend date of this dividend is Monday, September 30th. Cardinal Energy’s dividend payout ratio (DPR) 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.