Tullow Oil plc (OTCMKTS:TUWOY) Sees Significant Growth in Short Interest

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

Tullow Oil Stock Down 1.7 %

Shares of TUWOY stock traded down $0.00 during trading hours on Wednesday, reaching $0.10. The company had a trading volume of 41,747 shares, compared to its average volume of 49,128. The business has a fifty day simple moving average of $0.12 and a 200-day simple moving average of $0.14. Tullow Oil has a 12 month low of $0.08 and a 12 month 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.