Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Sees Significant Decrease in Short Interest

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totalling 130,500 shares, a drop of 5.6% from the August 31st total of 138,300 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is currently 217.5 days.

Gulf Keystone Petroleum Stock Performance

OTCMKTS:GUKYF opened at $1.58 on Tuesday. The firm has a 50-day moving average price of $1.61 and a two-hundred day moving average price of $1.62. Gulf Keystone Petroleum has a twelve month low of $1.15 and a twelve month high of $2.05.

About Gulf Keystone Petroleum

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.