Short Interest in Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Rises By 15.7%

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 179,200 shares, a growth of 15.7% from the May 31st total of 154,900 shares. Based on an average trading volume of 8,500 shares, the short-interest ratio is presently 21.1 days.

Gulf Keystone Petroleum Stock Performance

GUKYF remained flat at $1.89 during midday trading on Tuesday. The firm’s fifty day moving average is $1.68 and its 200 day moving average is $1.49. Gulf Keystone Petroleum has a 52-week low of $1.06 and a 52-week high of $2.05.

Gulf Keystone Petroleum Company Profile

Gulf Keystone Petroleum Limited engages in the exploration, development, and production of oil and gas in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.