Tullow Oil plc (OTCMKTS:TUWLF – Get Free Report) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 107,235 shares, a decline of 66.0% from the May 31st total of 315,702 shares. Based on an average daily volume of 42,365 shares, the short-interest ratio is currently 2.5 days.
Tullow Oil Price Performance
OTCMKTS TUWLF opened at $0.15 on Monday. Tullow Oil has a 1-year low of $0.05 and a 1-year high of $0.26. The business’s fifty day moving average price is $0.20 and its 200-day moving average price is $0.15.
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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