Rockhopper Exploration plc (OTCMKTS:RCKHF) Sees Significant Decline in Short Interest

Rockhopper Exploration plc (OTCMKTS:RCKHFGet Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,800 shares, a decrease of 67.4% from the April 30th total of 5,515 shares. Based on an average daily trading volume, of 13,189 shares, the short-interest ratio is currently 0.1 days.

Rockhopper Exploration Stock Performance

Shares of Rockhopper Exploration stock opened at $1.17 on Monday. Rockhopper Exploration has a 1-year low of $0.61 and a 1-year high of $1.35. The business has a 50-day moving average of $1.09 and a 200-day moving average of $1.02.

Rockhopper Exploration Company Profile

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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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