Tullow Oil plc (OTCMKTS:TUWLF – Get Free Report) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 1,717 shares, a decline of 95.4% from the July 30th total of 37,339 shares. Based on an average daily volume of 71 shares, the short-interest ratio is presently 24.2 days.
Tullow Oil Trading Up 12.3%
OTCMKTS:TUWLF traded up $0.03 during trading hours on Tuesday, reaching $0.28. The company’s stock had a trading volume of 1,650 shares, compared to its average volume of 17,541. Tullow Oil has a one year low of $0.05 and a one year high of $0.28. The business’s 50-day moving average is $0.19 and its 200-day moving average is $0.18.
Tullow Oil Company Profile
Tullow Oil PLC (OTCMKTS:TUWLF) is an independent oil and gas exploration and production company headquartered in London. The firm focuses on upstream activities, including the identification, appraisal, development and production of hydrocarbon resources. Tullow’s portfolio spans exploration licences through to producing assets, with a strategy centered on value-generative projects and rigorous capital discipline.
The company maintains a diversified geographic footprint, with operations across Africa, South America, Europe and Asia.
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