MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) Sees Significant Growth in Short Interest

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 70,018 shares, an increase of 172.6% from the July 15th total of 25,682 shares. Based on an average daily trading volume, of 73,528 shares, the days-to-cover ratio is presently 1.0 days.

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

Shares of MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság stock traded up $0.12 on Friday, hitting $7.83. 35,356 shares of the company traded hands, compared to its average volume of 54,759. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a 12-month low of $3.85 and a 12-month high of $8.07. The company has a 50-day moving average price of $6.70 and a 200 day moving average price of $6.40.

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.