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Tullow Oil PLC (OTCMKTS:TUWOY) Short Interest Update

Tullow Oil logo with Energy background

Key Points

  • Tullow Oil PLC experienced a significant increase in short interest, which rose by 68.1% in July, reaching a total of 107,900 shares.
  • The stock price of Tullow Oil is currently down by 5.5%, with shares opening at $0.08 and a fifty-two week range between $0.03 and $0.20.
  • Tullow Oil, founded in 1985, is involved in oil and gas exploration and production activities primarily in Africa, Europe, and South America.
  • Want stock alerts on Tullow Oil? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Tullow Oil PLC (OTCMKTS:TUWOY - Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 107,900 shares, agrowthof68.1% from the June 30th total of 64,200 shares. Based on an average daily volume of 138,500 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 138,500 shares, the days-to-cover ratio is currently 0.8 days.

Tullow Oil Stock Up 9.6%

Tullow Oil stock traded up $0.01 during mid-day trading on Friday, reaching $0.08. The company's stock had a trading volume of 167,628 shares, compared to its average volume of 125,596. Tullow Oil has a 12 month low of $0.03 and a 12 month high of $0.20. The business's 50 day simple moving average is $0.09 and its 200 day simple moving average is $0.09.

About Tullow Oil

(Get Free Report)

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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