Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Short Interest Down 22.3% in March

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 28,808 shares, a decrease of 22.3% from the March 15th total of 37,054 shares. Based on an average daily trading volume, of 2,601 shares, the days-to-cover ratio is presently 11.1 days.

Gulf Keystone Petroleum Trading Up 2.1%

OTCMKTS:GUKYF opened at $2.77 on Wednesday. The company has a fifty day moving average of $2.74 and a 200 day moving average of $2.55. Gulf Keystone Petroleum has a 52 week low of $2.00 and a 52 week high of $3.30.

About Gulf Keystone Petroleum

Gulf Keystone Petroleum is an independent oil and gas exploration and production company with a primary focus on the Kurdistan Region of Iraq. Founded in the early 2000s and headquartered in Jersey, the company is listed on the London Stock Exchange’s AIM market and trades over the counter in the United States under the ticker GUKYF. Its core business activity centers on the development and operation of the Shaikan oil field, one of the largest onshore discoveries in the region, alongside ongoing appraisal and exploration in adjacent blocks.

The company achieved a major milestone in 2009 with the discovery of the Shaikan field and commenced early production in 2014.