Tullow Oil plc (OTCMKTS:TUWLF – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 150,626 shares, a growth of 147,572.5% from the April 30th total of 102 shares. Based on an average daily volume of 5,986 shares, the short-interest ratio is currently 25.2 days.
Tullow Oil Price Performance
OTCMKTS TUWLF opened at $0.22 on Friday. Tullow Oil has a 52-week low of $0.05 and a 52-week high of $0.27. The firm has a 50-day moving average price of $0.19 and a 200 day moving average price of $0.13.
Tullow Oil Company Profile
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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