Short Interest in Tullow Oil plc (OTCMKTS:TUWOY) Decreases By 20.9%

Tullow Oil plc (OTCMKTS:TUWOY) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 94,700 shares, a decrease of 20.9% from the November 15th total of 119,700 shares. Based on an average trading volume of 56,400 shares, the days-to-cover ratio is currently 1.7 days.

Tullow Oil Trading Down 13.1 %

Shares of OTCMKTS:TUWOY opened at $0.15 on Friday. The firm’s 50 day simple moving average is $0.15 and its 200 day simple moving average is $0.17. Tullow Oil has a fifty-two week low of $0.10 and a fifty-two week 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.