Tullow Oil plc (OTCMKTS:TUWOY) Short Interest Update

Tullow Oil plc (OTCMKTS:TUWOY) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 360,200 shares, an increase of 26.1% from the January 31st total of 285,700 shares. Based on an average daily volume of 71,300 shares, the days-to-cover ratio is presently 5.1 days.

Tullow Oil Price Performance

Shares of TUWOY opened at $0.09 on Friday. The business’s 50 day moving average price is $0.12 and its 200-day moving average price is $0.14. Tullow Oil has a 52 week low of $0.07 and a 52 week high of $0.25.

About Tullow Oil

Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa, Europe, and South America. The company was founded in 1985 and is headquartered in London, the United Kingdom.