Short Interest in Rockhopper Exploration plc (OTCMKTS:RCKHF) Decreases By 40.2%

Rockhopper Exploration plc (OTCMKTS:RCKHF) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 2,978 shares, a decline of 40.2% from the December 31st total of 4,984 shares. Based on an average trading volume of 44,103 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 44,103 shares, the days-to-cover ratio is currently 0.1 days.

Rockhopper Exploration Stock Performance

OTCMKTS RCKHF opened at $1.02 on Friday. Rockhopper Exploration has a 12 month low of $0.41 and a 12 month high of $1.35. The company’s 50 day moving average is $0.99 and its two-hundred day moving average is $1.01.

Rockhopper Exploration Company Profile

Rockhopper Exploration plc is a UK‐based oil and gas exploration and development company incorporated in 2004 and headquartered in London. The company focuses on identifying and appraising hydrocarbon resources in frontier offshore basins, with a strategic emphasis on the North Falkland Basin. In the United States, its American depositary shares trade on the OTC Markets under the ticker RCKHF.

Rockhopper holds interests in multiple exploration licenses in the North Falkland Basin, where its flagship asset is the Sea Lion oil field.