Short Interest in Rockhopper Exploration plc (OTCMKTS:RCKHF) Drops By 81.7%

Rockhopper Exploration plc (OTCMKTS:RCKHF) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 5,411 shares, a decline of 81.7% from the November 30th total of 29,500 shares. Based on an average daily trading volume, of 26,765 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 26,765 shares, the days-to-cover ratio is currently 0.2 days.

Rockhopper Exploration Trading Up 12.4%

RCKHF traded up $0.13 during trading hours on Friday, hitting $1.13. The stock had a trading volume of 450 shares, compared to its average volume of 18,587. Rockhopper Exploration has a 1 year low of $0.28 and a 1 year high of $1.35. The company’s fifty day simple moving average is $1.02 and its 200 day simple moving average is $0.96.

Rockhopper Exploration Company Profile

Rockhopper Exploration plc is a UK‐based oil and gas exploration and development company incorporated in 2004 and headquartered in London. The company focuses on identifying and appraising hydrocarbon resources in frontier offshore basins, with a strategic emphasis on the North Falkland Basin. In the United States, its American depositary shares trade on the OTC Markets under the ticker RCKHF.

Rockhopper holds interests in multiple exploration licenses in the North Falkland Basin, where its flagship asset is the Sea Lion oil field.