Tullow Oil plc (OTCMKTS:TUWLF – Get Free Report) was the target 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 daily volume of 14,501 shares, the short-interest ratio is presently 20.7 days.
Tullow Oil Stock Performance
Shares of TUWLF stock opened at $0.11 on Thursday. Tullow Oil has a 1 year low of $0.05 and a 1 year high of $0.32. The firm’s fifty day moving average price is $0.21 and its two-hundred day moving average price is $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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