Tullow Oil plc (OTCMKTS:TUWOY) Sees Significant Increase in Short Interest

Tullow Oil plc (OTCMKTS:TUWOY) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 321,800 shares, an increase of 158.9% from the December 31st total of 124,300 shares. Based on an average daily volume of 162,900 shares, the short-interest ratio is presently 2.0 days.

Tullow Oil Stock Down 0.1 %

Shares of OTCMKTS:TUWOY traded down $0.00 during midday trading on Wednesday, reaching $0.12. 15,756 shares of the company’s stock were exchanged, compared to its average volume of 62,196. Tullow Oil has a fifty-two week low of $0.08 and a fifty-two week high of $0.25. The firm’s 50 day simple moving average is $0.13 and its two-hundred day simple moving average is $0.15.

Tullow Oil Company Profile

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.