Short Interest in Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Declines By 9.4%

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 136,500 shares, a decline of 9.4% from the October 31st total of 150,600 shares. Based on an average daily volume of 5,600 shares, the short-interest ratio is presently 24.4 days.

Gulf Keystone Petroleum Trading Up 1.2 %

Shares of OTCMKTS GUKYF opened at $1.85 on Monday. The business’s fifty day simple moving average is $1.71 and its 200-day simple moving average is $1.71. Gulf Keystone Petroleum has a 12-month low of $1.15 and a 12-month high of $2.05.

Gulf Keystone Petroleum Company Profile

Gulf Keystone Petroleum Limited engages in the exploration, development, and production of oil and gas in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.