Rockhopper Exploration plc (OTCMKTS:RCKHF – Get Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 10,700 shares, a growth of 494.4% from the May 14th total of 1,800 shares. Based on an average daily volume of 24,744 shares, the days-to-cover ratio is currently 0.4 days.
Rockhopper Exploration Stock Up 2.2%
OTCMKTS RCKHF traded up $0.02 during trading on Thursday, hitting $0.94. The company had a trading volume of 400 shares, compared to its average volume of 27,990. Rockhopper Exploration has a one year low of $0.61 and a one year high of $1.35. The company’s fifty day moving average is $1.09 and its 200-day moving average is $1.02.
Rockhopper Exploration Company Profile
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.
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