Short Interest in Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Decreases By 16.5%

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 112,600 shares, a decline of 16.5% from the January 31st total of 134,800 shares. Based on an average trading volume of 4,600 shares, the days-to-cover ratio is currently 24.5 days.

Gulf Keystone Petroleum Price Performance

Shares of OTCMKTS:GUKYF remained flat at $2.35 during midday trading on Friday. The company had a trading volume of 24 shares, compared to its average volume of 4,526. Gulf Keystone Petroleum has a fifty-two week low of $1.25 and a fifty-two week high of $2.64. The company has a fifty day simple moving average of $2.13 and a two-hundred day simple moving average of $1.84.

Gulf Keystone Petroleum Company Profile

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.