Tullow Oil plc (OTCMKTS:TUWOY - Get Free Report) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 533,600 shares, an increase of 170.6% from the April 30th total of 197,200 shares. Based on an average daily trading volume, of 295,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.0% of the shares of the company are short sold.
Tullow Oil Trading Up 5.0%
Tullow Oil stock traded up $0.00 during midday trading on Friday, hitting $0.08. The stock had a trading volume of 52,663 shares, compared to its average volume of 134,062. Tullow Oil has a 52-week low of $0.03 and a 52-week high of $0.25. The firm's fifty day moving average is $0.08 and its two-hundred day moving average is $0.10.
About Tullow Oil
(
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Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa, Europe, and South America. The company was founded in 1985 and is headquartered in London, the United Kingdom.
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