Tullow Oil plc (OTCMKTS:TUWOY) Short Interest Up 54.3% in March

Tullow Oil plc (OTCMKTS:TUWOY) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 601,400 shares, a growth of 54.3% from the February 28th total of 389,800 shares. Based on an average trading volume of 265,600 shares, the short-interest ratio is presently 2.3 days. Approximately 0.0% of the company’s stock are sold short.

Tullow Oil Price Performance

Shares of OTCMKTS TUWOY opened at $0.08 on Monday. The company’s fifty day simple moving average is $0.10 and its 200 day simple moving average is $0.13. Tullow Oil has a 12-month low of $0.03 and a 12-month high of $0.25.

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.