Rockhopper Exploration plc (OTCMKTS:RCKHF) Sees Significant Decrease in Short Interest

Rockhopper Exploration plc (OTCMKTS:RCKHF) saw a significant decrease in short interest in January. As of January 15th, there was short interest totaling 2,978 shares, a decrease of 40.2% from the December 31st total of 4,984 shares. Based on an average daily volume of 44,103 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 44,103 shares, the short-interest ratio is presently 0.1 days.

Rockhopper Exploration Price Performance

Shares of RCKHF opened at $1.02 on Friday. Rockhopper Exploration has a 1-year low of $0.41 and a 1-year high of $1.35. The firm has a 50 day simple moving average of $0.99 and a 200-day simple moving average of $1.00.

About Rockhopper Exploration

Rockhopper Exploration plc is a UK‐based oil and gas exploration and development company incorporated in 2004 and headquartered in London. The company focuses on identifying and appraising hydrocarbon resources in frontier offshore basins, with a strategic emphasis on the North Falkland Basin. In the United States, its American depositary shares trade on the OTC Markets under the ticker RCKHF.

Rockhopper holds interests in multiple exploration licenses in the North Falkland Basin, where its flagship asset is the Sea Lion oil field.