Short Interest in MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) Drops By 45.5%

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 8,322 shares, a drop of 45.5% from the December 15th total of 15,271 shares. Based on an average daily volume of 45,653 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 45,653 shares, the short-interest ratio is presently 0.2 days.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Price Performance

Shares of OTCMKTS MGYOY traded up $0.24 during midday trading on Thursday, hitting $5.26. 26,534 shares of the company traded hands, compared to its average volume of 26,163. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a 12-month low of $3.52 and a 12-month high of $5.38. The stock has a 50-day moving average price of $4.51 and a 200 day moving average price of $4.40.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Company Profile

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.