Short Interest in Tullow Oil plc (OTCMKTS:TUWLF) Drops By 84.2%

Tullow Oil plc (OTCMKTS:TUWLFGet Free Report) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 16,955 shares, a decrease of 84.2% from the June 15th total of 107,235 shares. Based on an average daily trading volume, of 16,590 shares, the days-to-cover ratio is presently 1.0 days.

Tullow Oil Stock Performance

Tullow Oil stock remained flat at $0.19 during mid-day trading on Friday. Tullow Oil has a twelve month low of $0.05 and a twelve month high of $0.26. The firm has a fifty day moving average of $0.20 and a two-hundred day moving average of $0.15.

About Tullow Oil

(Get Free Report)

Tullow Oil PLC (OTCMKTS:TUWLF) is an independent oil and gas exploration and production company headquartered in London. The firm focuses on upstream activities, including the identification, appraisal, development and production of hydrocarbon resources. Tullow’s portfolio spans exploration licences through to producing assets, with a strategy centered on value-generative projects and rigorous capital discipline.

The company maintains a diversified geographic footprint, with operations across Africa, South America, Europe and Asia.

Featured Stories

Receive News & Ratings for Tullow Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tullow Oil and related companies with MarketBeat.com's FREE daily email newsletter.