Thai Oil Public Company Limited (OTCMKTS:TOIPY – Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 143 shares, a drop of 58.9% from the July 15th total of 348 shares. Based on an average daily volume of 169 shares, the short-interest ratio is currently 0.8 days.
Thai Oil Public Stock Performance
OTCMKTS:TOIPY opened at $17.85 on Friday. The stock’s 50 day moving average price is $16.03 and its two-hundred day moving average price is $15.57. Thai Oil Public has a 12-month low of $10.07 and a 12-month high of $20.40.
About Thai Oil Public
Thai Oil Public Company Limited (OTCMKTS: TOIPY) is Thailand’s largest integrated oil refining and petrochemical company. Operating the Sriracha complex in Rayong Province, the firm processes crude oil into a broad slate of refined products, including gasoline, diesel, jet fuel, liquefied petroleum gas (LPG) and base oils. Its petrochemical operations produce key feedstocks—such as olefins and aromatics—that serve the plastics, packaging and consumer goods industries.
In addition to refining and petrochemicals, Thai Oil maintains power generation and utility services to support its operations.
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