Tullow Oil plc (OTCMKTS:TUWLF – Get Free Report) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 16,955 shares, a decrease of 84.2% from the June 15th total of 107,235 shares. Based on an average daily volume of 16,590 shares, the days-to-cover ratio is currently 1.0 days.
Tullow Oil Price Performance
TUWLF stock remained flat at $0.19 during midday trading on Friday. Tullow Oil has a 12 month low of $0.05 and a 12 month high of $0.26. The firm has a fifty day simple moving average of $0.20 and a two-hundred day simple moving average of $0.15.
Tullow Oil Company Profile
Tullow Oil PLC (OTCMKTS:TUWLF) is an independent oil and gas exploration and production company headquartered in London. The firm focuses on upstream activities, including the identification, appraisal, development and production of hydrocarbon resources. Tullow’s portfolio spans exploration licences through to producing assets, with a strategy centered on value-generative projects and rigorous capital discipline.
The company maintains a diversified geographic footprint, with operations across Africa, South America, Europe and Asia.
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