WOODSIDE PETE LTD ORDINARY SHARES (OTCMKTS:WOPEF) Reports Decline in Sellers; Strong Momentum for Longs

June 15, 2018 - By Peter Erickson

Woodside Petroleum Ltd (OTCMKTS:WOPEF) Logo

The stock of WOODSIDE PETE LTD ORDINARY SHARES (OTCMKTS:WOPEF) registered a decrease of 22.26% in short interest. WOPEF’s total short interest was 22,700 shares in June as published by FINRA. Its down 22.26% from 29,200 shares, reported previously. With 300 shares average volume, it will take short sellers 76 days to cover their WOPEF’s short positions.

It closed at $25.5 lastly. It is down 0.00% since June 15, 2017 and is . It has underperformed by 12.57% the S&P500.

Woodside Petroleum Ltd, an independent gas and oil company, engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons. The company has market cap of $24.57 billion. The companyÂ’s products include liquefied natural gas, pipeline natural gas, condensate, liquefied petroleum gas, and crude oil. It has a 20.94 P/E ratio. It holds interests in the North West Shelf project located in Western Australia; and operates five floating oil production, storage, and offloading facilities in Australia.

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