Birchcliff Energy Ltd. (OTCMKTS:BIREF) Short Interest Update

Birchcliff Energy Ltd. (OTCMKTS:BIREF - Get Free Report) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 3,480,714 shares, an increase of 57.7% from the December 31st total of 2,207,268 shares. Approximately 1.3% of the company's stock are sold short. Based on an average trading volume of 189,025 shares, the short-interest ratio is currently 18.4 days. Based on an average trading volume of 189,025 shares, the short-interest ratio is currently 18.4 days. Approximately 1.3% of the company's stock are sold short.Get Birchcliff Energy alerts:Birchcliff Energy Price PerformanceShares of OTCMKTS BIREF opened at $5.38 on Friday. The company has a market capitalization of $1.48 billion, a PE ratio of 29.89 and a beta of 0.43. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.24. The stock's 50 day moving average price is $5.32 and its 200-day moving average price is $4.84. Birchcliff Energy has a twelve month low of $3.34 and a twelve month high of $5.90. Birchcliff Energy (OTCMKTS:BIREF - Get Free Report) last issued its quarterly earnings results on Wednesday, November 12th. The company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.05). Birchcliff Energy had a net margin of 10.60% and a return on equity of 3.17%. The business had revenue of $107.43 million for the quarter, compared to analysts' expectations of $111.85 million. Wall Street Analysts Forecast GrowthA number of research firms have issued reports on BIREF. Cibc Captl Mkts downgraded Birchcliff Energy from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 13th. CIBC cut Birchcliff Energy to a "neutral" rating in a research report on Thursday, January 15th. Finally, BMO Capital Markets upgraded Birchcliff Energy from a "hold" rating to an "outperform" rating in a report on Monday, December 15th. Four investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy".Check Out Our Latest Research Report on BIREFAbout Birchcliff Energy (Get Free Report)Birchcliff Energy Ltd. OTCMKTS: BIREF is a Canada-based exploration and production company headquartered in Calgary, Alberta. Since its founding in 2000, Birchcliff has focused on developing natural gas, natural gas liquids and light oil resources in Western Canada. The company is publicly listed on the Toronto Stock Exchange and the OTC Markets and maintains an integrated asset base to support its upstream and midstream activities. The company's core operations are concentrated in the Montney formation of northeastern British Columbia and northwestern Alberta, one of North America's largest unconventional resource plays.Featured ArticlesFive stocks we like better than Birchcliff EnergyDo not delete, read immediatelyNEW LAW: Congress Approves Setup For Digital Dollar?“Fed Proof” Your Bank Account with THESE 4 Simple StepsA U.S. “birthright” claim worth trillions - activated quietlyThe Crash Has Already Started (Most Just Don’t See It Yet)This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Birchcliff Energy Right Now?Before you consider Birchcliff Energy, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Birchcliff Energy wasn't on the list.While Birchcliff Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here