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

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

Gulf Keystone Petroleum Stock Up 6.8 %

Shares of Gulf Keystone Petroleum stock traded up $0.15 on Monday, hitting $2.28. The stock had a trading volume of 22,025 shares, compared to its average volume of 7,187. Gulf Keystone Petroleum has a 52-week low of $1.15 and a 52-week high of $2.35. The company’s 50 day moving average price is $1.88 and its 200 day moving average price is $1.74.

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.