Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Sees Significant Decrease in Short Interest

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) saw a large drop in short interest in October. As of October 31st, there was short interest totalling 150,600 shares, a drop of 11.5% from the October 15th total of 170,100 shares. Based on an average trading volume of 14,600 shares, the days-to-cover ratio is currently 10.3 days.

Gulf Keystone Petroleum Price Performance

Shares of GUKYF stock opened at $1.96 on Tuesday. Gulf Keystone Petroleum has a 12 month low of $1.15 and a 12 month high of $2.05. The company’s fifty day simple moving average is $1.64 and its 200-day simple moving average is $1.69.

About Gulf Keystone Petroleum

Gulf Keystone Petroleum Limited engages in the exploration, development, and production of oil and gas in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.