Short Interest in Tullow Oil plc (OTCMKTS:TUWOY) Grows By 54.3%

Tullow Oil plc (OTCMKTS:TUWOY) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 601,400 shares, a growth of 54.3% from the February 28th total of 389,800 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 265,600 shares, the short-interest ratio is currently 2.3 days.

Tullow Oil Stock Performance

Shares of TUWOY opened at $0.08 on Monday. The business has a 50-day moving average of $0.10 and a 200-day moving average of $0.13. Tullow Oil has a 1 year low of $0.03 and a 1 year high of $0.25.

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.