Tullow Oil PLC (OTCMKTS:TUWOY) Sees Large Decline in Short Interest
by Jessica Moore · The Cerbat GemTullow Oil PLC (OTCMKTS:TUWOY – Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 5 shares, a drop of 100.0% from the August 15th total of 18,934 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 604,092 shares, the days-to-cover ratio is currently 0.0 days.
Tullow Oil Stock Down 0.6%
OTCMKTS:TUWOY opened at $0.15 on Friday. Tullow Oil has a twelve month low of $0.02 and a twelve month high of $0.16. The business has a 50 day moving average price of $0.10 and a two-hundred day moving average price of $0.09.
About Tullow Oil
Tullow Oil plc is an independent oil and gas exploration and production company founded in 1985 and headquartered in London. The company is listed on the London Stock Exchange and its American Depositary Receipts trade over-the-counter in the U.S. under the ticker TUWOY. Since its inception, Tullow has focused on building a portfolio of upstream assets across frontier and emerging markets.
Tullow’s core activities encompass exploration, appraisal, development and production of hydrocarbons.