Tullow Oil PLC (OTCMKTS:TUWOY) Stock Short Interest Report for October

Tullow Oil PLC (OTCMKTS:TUWOY) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 195,004 shares, an increase of 3,899,980.0% from the October 15th total of 5 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 224,259 shares, the short-interest ratio is currently 0.9 days.

Tullow Oil Stock Up 2.3%

TUWOY stock traded up $0.00 during midday trading on Tuesday, hitting $0.06. The company’s stock had a trading volume of 111,830 shares, compared to its average volume of 346,805. The stock’s 50-day moving average price is $0.10 and its 200 day moving average price is $0.08. Tullow Oil has a 1 year low of $0.02 and a 1 year high of $0.17.

Wall Street Analyst Weigh In

Separately, Barclays restated an “overweight” rating on shares of Tullow Oil in a research report on Monday, October 5th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About Tullow Oil

Tullow Oil plc is an independent oil and gas exploration and production company. Its activities include identifying hydrocarbon resources, developing oil and gas fields, and producing and marketing crude oil and natural gas. The company’s portfolio has historically been concentrated in Africa, with operations and interests in countries including Ghana, Côte d’Ivoire and Gabon. Tullow is best known for its interests in Ghana’s Jubilee and Tweneboa, Enyenra and Ntomme (TEN) fields. The Jubilee field began production in 2010, followed by the TEN development in 2016.