News Watch International
Kosmos Energy Ltd. (NYSE:KOS) has witnessed a rise of 12.4% or 1,491,212 shares in its short figure. The short interest augmentation took it from 12,017,727 on November 30,2015 to 13,508,939 on December 15,2015. In terms of floated shares, the short interest was calculated to be 9.5%.
The days to cover are 7 given that the daily volume averaged 2,064,396 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on December 24th.
Kosmos Energy Ltd. (NYSE:KOS) witnessed a decline in the market cap on Thursday as its shares dropped 2.4% or 0.13 points. After the session commenced at $5.45, the stock reached the higher end at $5.47 while it hit a low of $5.27. With the volume soaring to 615,732 shares, the last trade was called at $5.29. The company has a 52-week high of $10.03. The company has a market cap of $2,037 million and there are 385,055,560 shares in outstanding. The 52-week low of the share price is $4.62.
Shares of Kosmos Energy Ltd. (NYSE:KOS) appreciated by 5.59% during the past week but lost 24.54% on a 4-week basis. The shares have outperformed the S&P 500 by 2.75% in the past week but underperformed the index by 23.47% in the last 4 weeks.
The company shares have dropped -36.27% from its 1 Year high price. On Apr 27, 2015, the shares registered one year high at $10.03 and the one year low was seen on Dec 21, 2015. The 50-Day Moving Average price is $6.56 and the 200 Day Moving Average price is recorded at $7.07.
On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Nobel Paul, officer (Senior VP, CAO) of Kosmos Energy Ltd., unloaded 2,997 shares at an average price of $6.95 on August 3, 2015. The total amount of the transaction was worth $20,829, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Kosmos Energy, Ltd. operates as an oil exploration and production company. The Company engages in the exploration, development, and production of oil and natural gas in Africa. It explores the areas along the west coast of Africa from Morocco in the north through Angola in the south. It holds five licenses in offshore the Republic of Ghana, onshore the Republic of Cameroon, and offshore the Kingdom of Morocco.
