Rockhopper Exploration plc (OTCMKTS:RCKHF – Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,800 shares, a decline of 67.4% from the April 30th total of 5,515 shares. Based on an average trading volume of 13,189 shares, the days-to-cover ratio is presently 0.1 days.
Rockhopper Exploration Trading Up 6.4%
Shares of Rockhopper Exploration stock traded up $0.07 on Friday, reaching $1.17. 500 shares of the stock were exchanged, compared to its average volume of 28,696. Rockhopper Exploration has a 1-year low of $0.61 and a 1-year high of $1.35. The business has a fifty day moving average price of $1.09 and a two-hundred day moving average price of $1.02.
About Rockhopper Exploration
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.
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