Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) Short Interest Update

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYF) was the recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 150,600 shares, a decline of 11.5% from the October 15th total of 170,100 shares. Based on an average daily volume of 14,600 shares, the short-interest ratio is presently 10.3 days.

Gulf Keystone Petroleum Price Performance

Shares of OTCMKTS:GUKYF opened at $1.96 on Tuesday. The business’s 50 day simple moving average is $1.64 and its 200 day simple moving average is $1.69. Gulf Keystone Petroleum has a 1 year low of $1.15 and a 1 year 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.