Northland Power Inc. (OTCMKTS:NPIFF) Short Interest Down 18.4% in February

Northland Power Inc. (OTCMKTS:NPIFF) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 10,178,200 shares, a decline of 18.4% from the January 31st total of 12,468,600 shares. Based on an average trading volume of 110,300 shares, the short-interest ratio is currently 92.3 days.

Northland Power Trading Down 1.5 %

Northland Power stock opened at $13.40 on Tuesday. The stock has a fifty day moving average price of $12.49 and a 200 day moving average price of $14.26. Northland Power has a 52 week low of $11.04 and a 52 week high of $18.11.

Northland Power Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.0699 per share. This is a positive change from Northland Power’s previous dividend of $0.07. This represents a dividend yield of 6.92%. The ex-dividend date is Friday, February 28th. Northland Power’s dividend payout ratio is presently -341.67%.

Northland Power Company Profile

Northland Power Inc, an independent power producer, develops, builds, owns, and operates clean and green power projects in Canada, Netherlands, Germany, Spain, Colombia, and internationally. The company produces electricity from renewable resources, such as wind and solar, as well as natural gas for sale under power purchase agreements and other revenue arrangements.