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 - Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,197,200 shares, a growth of 71.4% from the August 15th total of 698,400 shares. Based on an average daily volume of 1,650,500 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,650,500 shares, the short-interest ratio is currently 0.7 days.

Tullow Oil Stock Down 6.9%

Shares of OTCMKTS TUWOY traded down $0.00 during mid-day trading on Friday, reaching $0.06. The company had a trading volume of 2,047,365 shares, compared to its average volume of 230,722. Tullow Oil has a one year low of $0.03 and a one year high of $0.18. The business's 50-day simple moving average is $0.08 and its 200 day simple moving average is $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.