Tullow Oil plc (OTCMKTS:TUWLF – Get Free Report) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 16,955 shares, a decline of 84.2% from the June 15th total of 107,235 shares. Based on an average trading volume of 16,590 shares, the days-to-cover ratio is presently 1.0 days.
Tullow Oil Stock Down 1.9%
Shares of TUWLF stock traded down $0.00 during trading hours on Monday, reaching $0.19. The stock had a trading volume of 755 shares, compared to its average volume of 19,188. Tullow Oil has a twelve month low of $0.05 and a twelve month high of $0.26. The firm has a 50-day simple moving average of $0.20 and a 200-day simple moving average of $0.15.
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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