Tullow Oil plc (OTCMKTS:TUWLF – Get Free Report) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 150,626 shares, an increase of 147,572.5% from the April 30th total of 102 shares. Based on an average trading volume of 5,986 shares, the short-interest ratio is currently 25.2 days.
Tullow Oil Stock Performance
Shares of TUWLF stock remained flat at $0.22 during mid-day trading on Wednesday. The stock had a trading volume of 1,500 shares, compared to its average volume of 10,587. The stock’s 50 day simple moving average is $0.19 and its two-hundred day simple moving average is $0.13. Tullow Oil has a 1 year low of $0.05 and a 1 year high of $0.27.
Tullow Oil Company Profile
Tullow Oil PLC (OTCMKTS:TUWLF) is an independent oil and gas exploration and production company headquartered in London. The firm focuses on upstream activities, including the identification, appraisal, development and production of hydrocarbon resources. Tullow’s portfolio spans exploration licences through to producing assets, with a strategy centered on value-generative projects and rigorous capital discipline.
The company maintains a diversified geographic footprint, with operations across Africa, South America, Europe and Asia.
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