Short Interest in Tullow Oil plc (OTCMKTS:TUWLF) Drops By 91.1%

Tullow Oil plc (OTCMKTS:TUWLFGet Free Report) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 102 shares, a decrease of 91.1% from the April 15th total of 1,147 shares. Based on an average trading volume of 17,281 shares, the days-to-cover ratio is currently 0.0 days.

Tullow Oil Price Performance

Shares of OTCMKTS TUWLF opened at $0.22 on Tuesday. Tullow Oil has a twelve month low of $0.05 and a twelve month high of $0.27. The firm has a 50-day moving average of $0.18 and a two-hundred day moving average of $0.13.

Tullow Oil Company Profile

(Get Free Report)

Tullow Oil PLC (OTCMKTS:TUWLF) is an independent oil and gas exploration and production company headquartered in London. The firm focuses on upstream activities, including the identification, appraisal, development and production of hydrocarbon resources. Tullow’s portfolio spans exploration licences through to producing assets, with a strategy centered on value-generative projects and rigorous capital discipline.

The company maintains a diversified geographic footprint, with operations across Africa, South America, Europe and Asia.

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