Tullow Oil PLC (OTCMKTS:TUWOY – Get Free Report) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 81,457 shares, a decrease of 82.6% from the May 31st total of 466,893 shares. Based on an average daily volume of 314,181 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.
Tullow Oil Price Performance
Shares of OTCMKTS:TUWOY opened at $0.08 on Friday. The firm has a fifty day moving average price of $0.09 and a two-hundred day moving average price of $0.07. Tullow Oil has a one year low of $0.02 and a one year high of $0.13.
About Tullow Oil
Tullow Oil plc is an independent oil and gas exploration and production company founded in 1985 and headquartered in London. The company is listed on the London Stock Exchange and its American Depositary Receipts trade over-the-counter in the U.S. under the ticker TUWOY. Since its inception, Tullow has focused on building a portfolio of upstream assets across frontier and emerging markets.
Tullow’s core activities encompass exploration, appraisal, development and production of hydrocarbons.
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