Rockhopper Exploration plc (OTCMKTS:RCKHF) Sees Large Growth in Short Interest

Rockhopper Exploration plc (OTCMKTS:RCKHF) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 14,600 shares, an increase of 4,766.7% from the May 31st total of 300 shares. Based on an average trading volume of 77,100 shares, the short-interest ratio is presently 0.2 days.

Rockhopper Exploration Stock Performance

Shares of RCKHF traded down $0.01 during midday trading on Friday, hitting $0.17. The company had a trading volume of 25,000 shares, compared to its average volume of 20,653. Rockhopper Exploration has a 1 year low of $0.13 and a 1 year high of $0.21. The company’s 50-day simple moving average is $0.17 and its 200-day simple moving average is $0.16.

About Rockhopper Exploration

Rockhopper Exploration plc operates as an oil and gas exploration and production company primarily in the United Kingdom. It engages in the exploration, appraisal, and exploitation of its oil and gas acreage primarily in the North Falkland Basin and the Greater Mediterranean region. The company holds 35% working interest in the PL003a, PL003b, PL004a, PL004b, PL004c, PL005, PL032, PL033 production licenses in North Falkland Basin.