Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Sees Large Increase in Short Interest

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 141,800 shares, an increase of 5.0% from the December 15th total of 135,000 shares. Based on an average trading volume of 5,600 shares, the short-interest ratio is presently 25.3 days.

Gulf Keystone Petroleum Stock Performance

Shares of GUKYF opened at $2.09 on Wednesday. Gulf Keystone Petroleum has a 12 month low of $1.15 and a 12 month high of $2.11. The stock has a fifty day moving average price of $1.84 and a 200 day moving average price of $1.73.

Gulf Keystone Petroleum Company Profile

Gulf Keystone Petroleum Limited engages in the exploration, development, and production of oil and gas in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.