Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Sees Large Increase in Short Interest

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYFGet Free Report) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 141,800 shares, an increase of 5.0% from the December 15th total of 135,000 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is presently 25.3 days.

Gulf Keystone Petroleum Price Performance

Gulf Keystone Petroleum stock opened at $2.03 on Tuesday. Gulf Keystone Petroleum has a 52 week low of $1.15 and a 52 week high of $2.11. The business’s fifty day moving average is $1.83 and its two-hundred day moving average is $1.73.

About Gulf Keystone Petroleum

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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.

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