Rockhopper Exploration plc (OTCMKTS:RCKHF – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 17,435 shares. Based on an average trading volume of 14,796 shares, the short-interest ratio is currently 1.2 days.
Rockhopper Exploration Price Performance
Shares of OTCMKTS:RCKHF traded down $0.06 on Tuesday, hitting $0.83. The company had a trading volume of 100,577 shares, compared to its average volume of 21,462. Rockhopper Exploration has a 1-year low of $0.80 and a 1-year high of $1.31. The stock has a 50 day moving average price of $0.97 and a 200 day moving average price of $1.01.
Rockhopper Exploration Company Profile
Rockhopper Exploration plc is an oil and gas exploration and production company focused primarily on the Falkland Islands. Its activities include identifying, appraising and developing offshore hydrocarbon resources, with its interests centered on the North Falkland Basin.
The company’s principal asset is the Sea Lion oil field, which it is developing in partnership with Navitas Petroleum. Sea Lion is an offshore development project intended to produce crude oil from resources discovered through exploration and appraisal drilling.
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