From MarketBeat:

Innergex Renewable Energy Inc. (OTCMKTS:INGXF – Get Free Report) experienced a significant decline in short interest. As of December 15th, there was short interest totaling 511,700 shares, down 17.5% from the previous month. The short-interest ratio is presently 7.2 days, based on an average daily volume of 71,400 shares.

Shares of INGXF traded down $0.01 during midday trading, reaching $6.97, with a trading volume of 12,242 shares. The company has a 52 week low of $6.09 and a 52 week high of $12.45. Innergex Renewable Energy has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 4.66. Its 50 day moving average price is $6.82 and its 200 day moving average price is $8.21.

The company’s quarterly earnings report on November 8th showed earnings per share of $0.02 and revenue of $206.54 million. Innergex Renewable Energy had a negative net margin of 3.08% and a negative return on equity of 1.33%.

Innergex Renewable Energy announced a dividend of $0.1309 per share, to be paid on Monday, January 15th, with a dividend yield of 7.62%. The ex-dividend date of this dividend is Thursday, December 28th. The company’s payout ratio is currently -407.69%.

Innergex Renewable Energy Inc operates as an independent renewable power producer in Canada, the United States, France, and Chile. It acquires, owns, develops, and operates hydroelectric facilities, and wind and solar farms, as well as energy storage facilities. The company operates through three segments: Hydroelectric Power Generation, Wind Power Generation, and Solar Power Generation.



Read more: Short Interest in Innergex Renewable Energy Inc. (OTCMKTS:INGXF) Drops By 17.5%