Rockhopper Exploration plc (OTCMKTS:RCKHF – Get Free Report) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 5,411 shares, a drop of 81.7% from the November 30th total of 29,500 shares. Based on an average daily volume of 26,765 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 26,765 shares, the short-interest ratio is presently 0.2 days.
Rockhopper Exploration Trading Up 9.2%
OTCMKTS RCKHF opened at $1.01 on Thursday. The business’s 50 day moving average is $1.02 and its two-hundred day moving average is $0.96. Rockhopper Exploration has a 12-month low of $0.25 and a 12-month high of $1.35.
About Rockhopper Exploration
Rockhopper Exploration plc is a UK?based oil and gas exploration and development company incorporated in 2004 and headquartered in London. The company focuses on identifying and appraising hydrocarbon resources in frontier offshore basins, with a strategic emphasis on the North Falkland Basin. In the United States, its American depositary shares trade on the OTC Markets under the ticker RCKHF.
Rockhopper holds interests in multiple exploration licenses in the North Falkland Basin, where its flagship asset is the Sea Lion oil field.
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