Tullow Oil PLC (OTCMKTS:TUWOY) Short Interest Up 120.2% in August

Key Points

• Tullow Oil PLC saw a **120.2% increase** in short interest in August, with a total of **698,400 shares** compared to 317,100 shares at the end of July.
• The short-interest ratio is currently **1.4 days**, based on an average daily trading volume of **504,000 shares**.
• As of Thursday, Tullow Oil's stock was trading down **1.4%** at **$0.07**, with a twelve-month range of **$0.03 to $0.18**.

Tullow Oil PLC (OTCMKTS:TUWOY - ) was the recipient of a significant growth in short interest in August. As of August 15th, there was short interest totaling 698,400 shares, agrowthof120.2% from the July 31st total of 317,100 shares. Based on an average daily trading volume, of 504,000 shares, the short-interest ratio is presently 1.4 days. Based on an average daily trading volume, of 504,000 shares, the short-interest ratio is presently 1.4 days.

Tullow Oil Trading Down 1.4%

Tullow Oil stock traded down $0.00 during midday trading on Thursday, reaching $0.07. The stock had a trading volume of 618,497 shares, compared to its average volume of 178,874. The firm's fifty day simple moving average is $0.08 and its two-hundred day simple moving average is $0.08. Tullow Oil has a twelve month low of $0.03 and a twelve month high of $0.18.

About Tullow Oil

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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