Tullow Oil plc (OTCMKTS:TUWLF – Get Free Report) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 300,102 shares, an increase of 609.1% from the September 30th total of 42,323 shares. Based on an average trading volume of 14,501 shares, the days-to-cover ratio is presently 20.7 days.
Tullow Oil Stock Performance
OTCMKTS:TUWLF opened at $0.11 on Wednesday. Tullow Oil has a 1-year low of $0.05 and a 1-year high of $0.32. The stock has a fifty day simple moving average of $0.21 and a 200 day simple moving average of $0.18.
About Tullow Oil
Tullow Oil plc is an independent oil and gas exploration and production company focused primarily on Africa. The company explores for, develops and produces crude oil and natural gas, with activities spanning the life cycle of upstream energy projects, from exploration and appraisal through field development and production.
Tullow’s portfolio is centered in West Africa, including producing and development interests in Ghana, as well as exploration and production positions in Gabon and Côte d’Ivoire.
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