Rockhopper Exploration plc (OTCMKTS:RCKHF) Sees Large Drop in Short Interest

Rockhopper Exploration plc (OTCMKTS:RCKHF) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 7,900 shares, a decrease of 80.0% from the December 31st total of 39,500 shares. Based on an average trading volume of 54,900 shares, the days-to-cover ratio is currently 0.1 days.

Rockhopper Exploration Price Performance

Shares of RCKHF traded up $0.01 during trading hours on Tuesday, reaching $0.47. The company’s stock had a trading volume of 4,200 shares, compared to its average volume of 30,681. Rockhopper Exploration has a 1-year low of $0.13 and a 1-year high of $0.51. The company has a 50 day moving average of $0.32 and a two-hundred day moving average of $0.23.

About Rockhopper Exploration

Rockhopper Exploration plc, an oil and gas exploration and production company, engages in the exploration, appraisal, and exploitation of oil and gas acreage primarily in the Falkland Islands. The company was incorporated in 2004 and is headquartered in Wiltshire, the United Kingdom.