Short Interest in Tullow Oil plc (OTCMKTS:TUWLF) Increases By 34.4%

Tullow Oil plc (OTCMKTS:TUWLF) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 4,105,000 shares, an increase of 34.4% from the September 30th total of 3,053,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Tullow Oil Stock Performance

Shares of TUWLF opened at $0.30 on Tuesday. Tullow Oil has a 12 month low of $0.27 and a 12 month high of $0.50. The stock has a fifty day moving average price of $0.31 and a 200-day moving average price of $0.39.

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.