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

Rockhopper Exploration plc (OTCMKTS:RCKHF) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 2,300 shares, an increase of 53.3% from the October 15th total of 1,500 shares. Based on an average daily trading volume, of 33,300 shares, the days-to-cover ratio is currently 0.1 days.

Rockhopper Exploration Price Performance

OTCMKTS:RCKHF traded up $0.03 during trading hours on Thursday, reaching $0.20. The company’s stock had a trading volume of 4,600 shares, compared to its average volume of 22,828. The firm has a 50-day simple moving average of $0.18 and a 200-day simple moving average of $0.18. Rockhopper Exploration has a 1 year low of $0.13 and a 1 year high of $0.21.

Rockhopper Exploration Company Profile

Rockhopper Exploration plc, an oil and gas exploration and production company, engages in the exploration, appraisal, and exploitation of oil and gas acreage primarily in the Falkland Islands. The company was incorporated in 2004 and is headquartered in Wiltshire, the United Kingdom.