Tullow Oil plc (OTCMKTS:TUWLF) Sees Large Decrease in Short Interest

Tullow Oil plc (OTCMKTS:TUWLF) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 102 shares, a decline of 91.1% from the April 15th total of 1,147 shares. Based on an average daily volume of 17,281 shares, the short-interest ratio is currently 0.0 days.

Tullow Oil Stock Performance

TUWLF stock remained flat at $0.22 during mid-day trading on Monday. Tullow Oil has a 52-week low of $0.05 and a 52-week high of $0.27. The firm’s fifty day simple moving average is $0.18 and its 200 day simple moving average is $0.13.

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.