Short Interest in Tullow Oil plc (OTCMKTS:TUWOY) Expands By 158.9%

Tullow Oil plc (OTCMKTS:TUWOY) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 321,800 shares, an increase of 158.9% from the December 15th total of 124,300 shares. Based on an average daily volume of 162,900 shares, the short-interest ratio is presently 2.0 days.

Tullow Oil Stock Up 2.9 %

Shares of TUWOY stock traded up $0.00 during trading on Wednesday, hitting $0.14. The company had a trading volume of 42,936 shares, compared to its average volume of 84,660. The stock’s 50-day moving average is $0.13 and its two-hundred day moving average is $0.16. Tullow Oil has a 52 week low of $0.08 and a 52 week high of $0.25.

About Tullow Oil

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.