Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Short Interest Update

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totaling 28,808 shares, a decrease of 22.3% from the March 15th total of 37,054 shares. Based on an average daily volume of 2,601 shares, the short-interest ratio is currently 11.1 days.

Gulf Keystone Petroleum Stock Up 1.3%

Shares of GUKYF stock opened at $2.80 on Thursday. The business’s fifty day simple moving average is $2.74 and its 200-day simple moving average is $2.55. Gulf Keystone Petroleum has a 12-month low of $2.00 and a 12-month high of $3.30.

About Gulf Keystone Petroleum

Gulf Keystone Petroleum is an independent oil and gas exploration and production company with a primary focus on the Kurdistan Region of Iraq. Founded in the early 2000s and headquartered in Jersey, the company is listed on the London Stock Exchange’s AIM market and trades over the counter in the United States under the ticker GUKYF. Its core business activity centers on the development and operation of the Shaikan oil field, one of the largest onshore discoveries in the region, alongside ongoing appraisal and exploration in adjacent blocks.

The company achieved a major milestone in 2009 with the discovery of the Shaikan field and commenced early production in 2014.