MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) Short Interest Down 54.9% in August

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 31,580 shares, a decline of 54.9% from the July 30th total of 70,018 shares. Based on an average daily trading volume, of 53,613 shares, the days-to-cover ratio is currently 0.6 days.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Stock Performance

OTCMKTS:MGYOY traded up $0.11 during trading hours on Friday, reaching $8.14. The company had a trading volume of 29,718 shares, compared to its average volume of 53,423. The stock has a 50-day moving average of $7.07 and a two-hundred day moving average of $6.54. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a one year low of $3.85 and a one year high of $8.41.

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.