Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Short Interest Down 11.5% in October

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) was the target of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 150,600 shares, a decline of 11.5% from the October 15th total of 170,100 shares. Based on an average daily volume of 14,600 shares, the days-to-cover ratio is currently 10.3 days.

Gulf Keystone Petroleum Stock Performance

GUKYF stock opened at $1.96 on Friday. Gulf Keystone Petroleum has a 52 week low of $1.15 and a 52 week high of $2.05. The company’s 50-day simple moving average is $1.63 and its 200 day simple moving average is $1.68.

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.