Tullow Oil PLC (OTCMKTS:TUWOY) Short Interest Up 71.4% in August

Key Points

• Tullow Oil PLC experienced a significant rise in short interest, increasing by 71.4% in August, with short interest totaling 1,197,200 shares by August 31st.
• The short-interest ratio is currently at 0.7 days, based on an average daily trading volume of 1,650,500 shares.
• Tullow Oil's stock is currently trading at $0.07, with a 12-month high of $0.18 and a low of $0.03.

Tullow Oil PLC (OTCMKTS:TUWOY - ) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 1,197,200 shares, an increase of 71.4% from the August 15th total of 698,400 shares. Based on an average daily trading volume, of 1,650,500 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the company's shares are sold short. Approximately 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 1,650,500 shares, the short-interest ratio is currently 0.7 days.

Tullow Oil Stock Performance

TUWOY opened at $0.07 on Monday. Tullow Oil has a 12 month low of $0.03 and a 12 month high of $0.18. The company has a fifty day simple moving average of $0.08 and a 200 day simple moving average of $0.08.

Tullow Oil Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.