Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Short Interest Up 14.6% in September

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 149,600 shares, an increase of 14.6% from the September 15th total of 130,500 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 106.9 days.

Gulf Keystone Petroleum Price Performance

Shares of GUKYF traded down $0.06 during mid-day trading on Wednesday, hitting $1.75. 11,501 shares of the company’s stock traded hands, compared to its average volume of 17,758. The business’s 50-day moving average price is $1.59 and its 200-day moving average price is $1.64. Gulf Keystone Petroleum has a 1 year low of $1.15 and a 1 year high of $2.05.

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.