Tullow Oil plc (OTCMKTS:TUWLF) Short Interest Update

Tullow Oil plc (OTCMKTS:TUWLFGet Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 37,339 shares, an increase of 98.5% from the July 15th total of 18,812 shares. Based on an average daily volume of 717 shares, the short-interest ratio is presently 52.1 days.

Tullow Oil Stock Performance

OTCMKTS TUWLF remained flat at $0.19 on Monday. Tullow Oil has a 12-month low of $0.05 and a 12-month high of $0.26. The firm’s fifty day simple moving average is $0.18 and its 200 day simple moving average is $0.17.

Tullow Oil Company Profile

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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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