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Short Interest in Tullow Oil plc (OTCMKTS:TUWOY) Drops By 96.6%

Tullow Oil logo with Energy background

Tullow Oil plc (OTCMKTS:TUWOY - Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 18,400 shares, a decline of 96.6% from the May 15th total of 533,600 shares. Based on an average daily volume of 361,800 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company's shares are short sold.

Tullow Oil Stock Performance

Shares of OTCMKTS:TUWOY traded up $0.00 during trading on Thursday, reaching $0.08. 64,078 shares of the company traded hands, compared to its average volume of 129,602. Tullow Oil has a 52-week low of $0.03 and a 52-week high of $0.23. The business's fifty day moving average is $0.08 and its 200-day moving average is $0.10.

Tullow Oil Company Profile

(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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