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

Tullow Oil plc (OTCMKTS:TUWOY) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 601,400 shares, a growth of 54.3% from the February 28th total of 389,800 shares. Based on an average daily trading volume, of 265,600 shares, the short-interest ratio is presently 2.3 days. Currently, 0.0% of the company’s shares are short sold.

Tullow Oil Stock Down 1.7 %

OTCMKTS TUWOY opened at $0.08 on Tuesday. Tullow Oil has a 52 week low of $0.03 and a 52 week high of $0.25. The company has a fifty day moving average of $0.10 and a two-hundred day moving average of $0.13.

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.