Tullow Oil plc (OTCMKTS:TUWLF) Short Interest Up 34.4% in October

Tullow Oil plc (OTCMKTS:TUWLF) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 4,105,000 shares, a growth of 34.4% from the September 30th total of 3,053,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Tullow Oil Stock Performance

Shares of TUWLF remained flat at $0.30 during trading hours on Friday. Tullow Oil has a 12-month low of $0.27 and a 12-month high of $0.50. The stock’s 50-day moving average price is $0.31 and its 200 day moving average price is $0.39.

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.