Rockhopper Exploration plc (OTCMKTS:RCKHF – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 17,435 shares. Based on an average daily volume of 14,796 shares, the short-interest ratio is presently 1.2 days.
Rockhopper Exploration Stock Performance
RCKHF remained flat at $0.83 during trading hours on Wednesday. 100,577 shares of the company traded hands, compared to its average volume of 21,468. The firm has a fifty day moving average price of $0.97 and a 200-day moving average price of $1.01. Rockhopper Exploration has a fifty-two week low of $0.80 and a fifty-two week high of $1.31.
Rockhopper Exploration Company Profile
Rockhopper Exploration plc is an oil and gas exploration and production company focused primarily on the Falkland Islands. Its activities include identifying, appraising and developing offshore hydrocarbon resources, with its interests centered on the North Falkland Basin.
The company’s principal asset is the Sea Lion oil field, which it is developing in partnership with Navitas Petroleum. Sea Lion is an offshore development project intended to produce crude oil from resources discovered through exploration and appraisal drilling.
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