Rockhopper Exploration plc (OTCMKTS:RCKHF – Get Free Report) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 10,700 shares, an increase of 494.4% from the May 14th total of 1,800 shares. Based on an average daily trading volume, of 24,744 shares, the short-interest ratio is currently 0.4 days.
Rockhopper Exploration Trading Down 1.0%
Shares of Rockhopper Exploration stock traded down $0.01 during trading hours on Wednesday, reaching $0.98. 1,000 shares of the company’s stock were exchanged, compared to its average volume of 28,344. The company has a 50 day moving average of $1.09 and a two-hundred day moving average of $1.02. Rockhopper Exploration has a fifty-two week low of $0.61 and a fifty-two week high of $1.35.
Rockhopper Exploration Company Profile
Rockhopper Exploration plc is a UK‐based oil and gas exploration and development company incorporated in 2004 and headquartered in London. The company focuses on identifying and appraising hydrocarbon resources in frontier offshore basins, with a strategic emphasis on the North Falkland Basin. In the United States, its American depositary shares trade on the OTC Markets under the ticker RCKHF.
Rockhopper holds interests in multiple exploration licenses in the North Falkland Basin, where its flagship asset is the Sea Lion oil field.
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