Tullow Oil PLC (OTCMKTS:TUWOY – Get Free Report) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 33,707 shares, a decline of 58.6% from the June 15th total of 81,457 shares. Based on an average daily trading volume, of 351,933 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
Tullow Oil Price Performance
Shares of OTCMKTS TUWOY opened at $0.09 on Tuesday. The firm’s 50-day moving average price is $0.09 and its 200-day moving average price is $0.07. Tullow Oil has a 52-week low of $0.02 and a 52-week high of $0.13.
Tullow Oil Company Profile
Tullow Oil plc is an independent oil and gas exploration and production company founded in 1985 and headquartered in London. The company is listed on the London Stock Exchange and its American Depositary Receipts trade over-the-counter in the U.S. under the ticker TUWOY. Since its inception, Tullow has focused on building a portfolio of upstream assets across frontier and emerging markets.
Tullow’s core activities encompass exploration, appraisal, development and production of hydrocarbons.
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