Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Sees Large Growth in Short Interest

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 170,100 shares, a growth of 13.7% from the September 30th total of 149,600 shares. Based on an average daily trading volume, of 13,100 shares, the days-to-cover ratio is presently 13.0 days.

Gulf Keystone Petroleum Stock Performance

Gulf Keystone Petroleum stock traded down $0.05 during mid-day trading on Tuesday, hitting $1.65. 16,791 shares of the company’s stock were exchanged, compared to its average volume of 17,224. The company’s 50 day simple moving average is $1.61 and its 200-day simple moving average is $1.66. Gulf Keystone Petroleum has a fifty-two week low of $1.15 and a fifty-two week high of $2.05.

Gulf Keystone Petroleum Company Profile

Gulf Keystone Petroleum Limited engages in the exploration, development, and production of oil and gas in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.