Tullow Oil plc (OTCMKTS:TUWLF) Short Interest Update

Tullow Oil plc (OTCMKTS:TUWLF) was the recipient of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 197,600 shares, an increase of 32.0% from the July 31st total of 149,700 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 494.0 days.

Tullow Oil Price Performance

OTCMKTS:TUWLF remained flat at $0.32 during trading hours on Friday. The stock’s fifty day moving average price is $0.40 and its 200 day moving average price is $0.42. Tullow Oil has a twelve month low of $0.32 and a twelve month high of $0.50.

About Tullow Oil

Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa, Europe, and South America. The company was founded in 1985 and is headquartered in London, the United Kingdom.