Tullow Oil PLC (OTCMKTS:TUWOY) Short Interest Down 100.0% in August

Tullow Oil PLC (OTCMKTS:TUWOY) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 5 shares, a decrease of 100.0% from the August 15th total of 18,934 shares. Based on an average trading volume of 604,092 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Tullow Oil Stock Performance

Shares of TUWOY traded up $0.01 during mid-day trading on Thursday, hitting $0.15. The company’s stock had a trading volume of 211,934 shares, compared to its average volume of 376,424. The firm has a 50-day moving average price of $0.09 and a 200 day moving average price of $0.09. Tullow Oil has a fifty-two week low of $0.02 and a fifty-two week high of $0.16.

Tullow Oil Company Profile

Tullow Oil plc is an independent oil and gas exploration and production company founded in 1985 and headquartered in London. The company is listed on the London Stock Exchange and its American Depositary Receipts trade over-the-counter in the U.S. under the ticker TUWOY. Since its inception, Tullow has focused on building a portfolio of upstream assets across frontier and emerging markets.

Tullow’s core activities encompass exploration, appraisal, development and production of hydrocarbons.