Tullow Oil plc (OTCMKTS:TUWOY – Get Free Report) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 2,300 shares, a drop of 96.0% from the October 15th total of 58,200 shares. Based on an average daily trading volume, of 48,100 shares, the days-to-cover ratio is presently 0.0 days.
Tullow Oil Price Performance
Shares of Tullow Oil stock opened at $0.14 on Thursday. Tullow Oil has a fifty-two week low of $0.11 and a fifty-two week high of $0.25. The business has a 50-day moving average price of $0.15 and a 200 day moving average price of $0.18.
Wall Street Analysts Forecast Growth
Separately, Barclays raised shares of Tullow Oil to a “strong-buy” rating in a report on Thursday, August 8th.
Tullow Oil Company Profile
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.
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