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

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 141,800 shares, an increase of 5.0% from the December 15th total of 135,000 shares. Based on an average daily trading volume, of 5,600 shares, the days-to-cover ratio is currently 25.3 days.

Gulf Keystone Petroleum Price Performance

GUKYF stock opened at $2.09 on Wednesday. Gulf Keystone Petroleum has a 12 month low of $1.15 and a 12 month high of $2.11. The firm has a 50 day moving average of $1.84 and a two-hundred day moving average of $1.73.

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.