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

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 141,800 shares, a growth of 5.0% from the December 31st total of 135,000 shares. Based on an average daily trading volume, of 5,600 shares, the days-to-cover ratio is presently 25.3 days.

Gulf Keystone Petroleum Price Performance

GUKYF opened at $2.28 on Tuesday. The business’s fifty day moving average is $1.88 and its 200-day moving average is $1.74. Gulf Keystone Petroleum has a 52-week low of $1.15 and a 52-week high of $2.35.

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.