Rockhopper Exploration plc (OTCMKTS:RCKHF – Get Free Report) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 5,515 shares, a growth of 157.8% from the April 15th total of 2,139 shares. Based on an average daily trading volume, of 9,666 shares, the short-interest ratio is presently 0.6 days.
Rockhopper Exploration Stock Performance
OTCMKTS RCKHF traded down $0.11 during mid-day trading on Friday, reaching $0.95. 52,650 shares of the stock were exchanged, compared to its average volume of 29,891. Rockhopper Exploration has a 1 year low of $0.61 and a 1 year high of $1.35. The business’s 50 day moving average is $1.08 and its 200-day moving average is $1.03.
About Rockhopper Exploration
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.
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