Short Interest in Tullow Oil plc (OTCMKTS:TUWOY) Expands By 54.3%

Tullow Oil plc (OTCMKTS:TUWOY) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 601,400 shares, an increase of 54.3% from the February 28th total of 389,800 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 265,600 shares, the days-to-cover ratio is presently 2.3 days.

Tullow Oil Stock Down 5.7 %

TUWOY opened at $0.08 on Friday. Tullow Oil has a twelve month low of $0.03 and a twelve month high of $0.25. The company has a 50-day simple moving average of $0.10 and a 200 day simple moving average of $0.13.

About Tullow Oil

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.