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Short Interest in Tullow Oil PLC (OTCMKTS:TUWOY) Rises By 193.9%

Tullow Oil logo with Energy background

Key Points

  • Tullow Oil PLC experienced a significant increase in short interest, with totals rising by 193.9% from mid-July to the end of July, amounting to 317,100 shares.
  • The stock's price performance shows it opened at $0.07 on Friday, with a twelve-month low of $0.03 and a high of $0.20.
  • As of now, virtually 0.0% of Tullow Oil's stock is short sold, indicating a relatively low level of bearish sentiment amongst investors.
  • Five stocks we like better than Tullow Oil.

Tullow Oil PLC (OTCMKTS:TUWOY - Get Free Report) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 317,100 shares, agrowthof193.9% from the July 15th total of 107,900 shares. Approximately0.0% of the company's stock are short sold. Based on an average daily volume of 261,600 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 261,600 shares, the short-interest ratio is currently 1.2 days. Approximately0.0% of the company's stock are short sold.

Tullow Oil Trading Up 4.2%

Shares of TUWOY traded up $0.0028 during mid-day trading on Thursday, reaching $0.0687. 722,558 shares of the stock traded hands, compared to its average volume of 149,190. The stock has a fifty day simple moving average of $0.09 and a 200 day simple moving average of $0.09. Tullow Oil has a 12-month low of $0.03 and a 12-month high of $0.1904.

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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