Tullow Oil plc (OTCMKTS:TUWOY) Short Interest Update

Tullow Oil plc (OTCMKTS:TUWOY) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 285,700 shares, an increase of 29.1% from the January 15th total of 221,300 shares. Based on an average daily volume of 87,500 shares, the days-to-cover ratio is presently 3.3 days.

Tullow Oil Trading Down 8.2 %

TUWOY opened at $0.10 on Friday. The stock has a fifty day simple moving average of $0.13 and a two-hundred day simple moving average of $0.14. Tullow Oil has a 12-month low of $0.08 and a 12-month high of $0.25.

About Tullow Oil

Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa, Europe, and South America. The company was founded in 1985 and is headquartered in London, the United Kingdom.