Tullow Oil plc (OTCMKTS:TUWLF – Get Free Report) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 102 shares, a drop of 91.1% from the April 15th total of 1,147 shares. Based on an average daily trading volume, of 17,281 shares, the short-interest ratio is presently 0.0 days.
Tullow Oil Price Performance
Shares of TUWLF remained flat at $0.22 during trading hours on Monday. The business’s 50-day simple moving average is $0.18 and its 200-day simple moving average is $0.13. Tullow Oil has a 1 year low of $0.05 and a 1 year high of $0.27.
About Tullow Oil
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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