Short Interest in Tullow Oil plc (OTCMKTS:TUWOY) Expands By 158.9%

Tullow Oil plc (OTCMKTS:TUWOY) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 321,800 shares, a growth of 158.9% from the December 15th total of 124,300 shares. Based on an average daily volume of 162,900 shares, the days-to-cover ratio is presently 2.0 days.

Tullow Oil Trading Up 5.0 %

TUWOY traded up $0.01 during trading on Tuesday, reaching $0.14. 84,335 shares of the company traded hands, compared to its average volume of 90,608. Tullow Oil has a 12-month low of $0.08 and a 12-month high of $0.25. The firm has a fifty day simple moving average of $0.13 and a 200 day simple moving average of $0.16.

Tullow Oil Company Profile

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.