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

Cardinal Energy Ltd. (OTCMKTS:CRLFFGet Free Report) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 6,822,500 shares, a decline of 5.7% from the November 15th total of 7,232,700 shares. Based on an average daily volume of 75,400 shares, the short-interest ratio is presently 90.5 days.

Cardinal Energy Price Performance

CRLFF opened at $4.26 on Thursday. Cardinal Energy has a 52-week low of $4.25 and a 52-week high of $5.39. The business’s fifty day moving average is $4.62 and its 200-day moving average is $4.81.

Cardinal Energy Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were paid a $0.043 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a yield of 10.78%. Cardinal Energy’s dividend payout ratio (DPR) is 8.93%.

About Cardinal Energy

(Get Free Report)

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.

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