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

Tullow Oil plc (OTCMKTS:TUWOY) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 321,800 shares, an increase of 158.9% from the December 31st total of 124,300 shares. Based on an average daily volume of 162,900 shares, the days-to-cover ratio is currently 2.0 days.

Tullow Oil Stock Down 0.1 %

OTCMKTS TUWOY traded down $0.00 on Wednesday, hitting $0.12. 15,756 shares of the stock were exchanged, compared to its average volume of 62,196. Tullow Oil has a 52-week low of $0.08 and a 52-week high of $0.25. The stock has a fifty day moving average price of $0.13 and a two-hundred day moving average price of $0.15.

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.