Short Interest in Rockhopper Exploration plc (OTCMKTS:RCKHF) Rises By 494.4%

Rockhopper Exploration plc (OTCMKTS:RCKHFGet Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 10,700 shares, a growth of 494.4% from the May 14th total of 1,800 shares. Based on an average trading volume of 24,744 shares, the short-interest ratio is currently 0.4 days.

Rockhopper Exploration Price Performance

Shares of RCKHF stock traded down $0.01 during trading hours on Wednesday, hitting $0.98. 1,000 shares of the company’s stock traded hands, compared to its average volume of 28,344. The stock’s 50 day simple moving average is $1.09 and its 200 day simple moving average is $1.02. Rockhopper Exploration has a 12 month low of $0.61 and a 12 month high of $1.35.

About Rockhopper Exploration

(Get Free Report)

Rockhopper Exploration plc is a UK‐based oil and gas exploration and development company incorporated in 2004 and headquartered in London. The company focuses on identifying and appraising hydrocarbon resources in frontier offshore basins, with a strategic emphasis on the North Falkland Basin. In the United States, its American depositary shares trade on the OTC Markets under the ticker RCKHF.

Rockhopper holds interests in multiple exploration licenses in the North Falkland Basin, where its flagship asset is the Sea Lion oil field.

Further Reading

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