Rockhopper Exploration plc (OTCMKTS:RCKHF) Sees Large Decline in Short Interest

Rockhopper Exploration plc (OTCMKTS:RCKHF) was the target of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 24,000 shares, a decline of 74.1% from the January 31st total of 92,700 shares. Based on an average daily volume of 41,800 shares, the short-interest ratio is currently 0.6 days.

Rockhopper Exploration Price Performance

OTCMKTS RCKHF traded down $0.02 on Friday, reaching $0.50. 2,000 shares of the stock were exchanged, compared to its average volume of 27,071. The company’s 50-day simple moving average is $0.43 and its two-hundred day simple moving average is $0.28. Rockhopper Exploration has a one year low of $0.14 and a one year high of $0.55.

About Rockhopper Exploration

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.