Short Interest in Tullow Oil plc (OTCMKTS:TUWLF) Drops By 95.4%

Tullow Oil plc (OTCMKTS:TUWLFGet Free Report) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 1,717 shares, a decrease of 95.4% from the July 30th total of 37,339 shares. Based on an average daily trading volume, of 71 shares, the short-interest ratio is currently 24.2 days.

Tullow Oil Stock Performance

TUWLF stock opened at $0.28 on Thursday. The business’s 50-day moving average price is $0.19 and its two-hundred day moving average price is $0.18. Tullow Oil has a 1-year low of $0.05 and a 1-year high of $0.28.

Tullow Oil Company Profile

(Get Free Report)

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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