Rockhopper Exploration plc (OTCMKTS:RCKHF – Get Free Report) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 3,889 shares, a drop of 82.2% from the September 30th total of 21,890 shares. Based on an average daily volume of 16,649 shares, the short-interest ratio is currently 0.2 days.
Rockhopper Exploration Price Performance
Shares of RCKHF stock opened at $0.79 on Tuesday. The company’s fifty day simple moving average is $0.87 and its two-hundred day simple moving average is $0.97. Rockhopper Exploration has a 1 year low of $0.60 and a 1 year high of $1.31.
About Rockhopper Exploration
Rockhopper Exploration plc is an oil and gas exploration and production company focused primarily on offshore resources in the Falkland Islands and Italy. The company’s activities include identifying, evaluating and developing conventional oil and gas opportunities through exploration licenses, technical studies and partnerships with other energy companies.
Rockhopper’s principal asset is its interest in the Sea Lion oil field in the North Falkland Basin. The project was discovered in 2010 and is being advanced in partnership with Navitas Petroleum, which serves as operator.
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