Short Interest in MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) Declines By 47.6%

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 23,544 shares, a decline of 47.6% from the June 15th total of 44,965 shares. Based on an average daily trading volume, of 69,254 shares, the days-to-cover ratio is currently 0.3 days.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Trading Up 1.6%

OTCMKTS MGYOY traded up $0.10 during trading hours on Wednesday, hitting $6.80. The company’s stock had a trading volume of 5,728 shares, compared to its average volume of 57,769. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a twelve month low of $3.85 and a twelve month high of $7.39. The stock has a fifty day moving average of $6.39 and a 200 day moving average of $6.03.

About MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS: MGYOY) is a Hungary?based integrated oil and gas company engaged in exploration, production, refining, marketing and distribution of hydrocarbons. Its upstream activities encompass exploration and production of crude oil and natural gas across Central and Eastern Europe, the Middle East and North Africa. In its downstream segment, MOL operates refineries and a network of service stations under the MOL and Slovnaft brands, supplying fuels, lubricants and speciality petrochemical products to industrial and retail customers.

The company’s petrochemicals division manufactures olefins, polyolefins and other chemical intermediates for use in plastics, packaging and automotive components.