Orlen S.A. (OTCMKTS:PSKOF) Sees Large Decrease in Short Interest

Orlen S.A. (OTCMKTS:PSKOF) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 119 shares, a decrease of 88.0% from the August 15th total of 989 shares. Based on an average daily volume of 1 shares, the short-interest ratio is currently 119.0 days.

Orlen Stock Performance

PSKOF remained flat at C$39.08 during trading on Friday. The business has a fifty day moving average price of C$38.69 and a two-hundred day moving average price of C$36.31. Orlen has a one year low of C$20.02 and a one year high of C$39.08.

Orlen Company Profile

Orlen (OTCMKTS:PSKOF), formally known as PKN Orlen, is a leading integrated oil and gas company headquartered in Płock, Poland. The company’s core operations span refining, petrochemical production and the distribution of fuels and energy products. Through its extensive refining network, Orlen processes crude oil into a range of refined products including gasoline, diesel, aviation fuel and lubricants, supplying both domestic and international markets.

In addition to refining, Orlen maintains a robust retail segment operating thousands of service stations under its Orlen and Star brands across Poland, the Czech Republic, Lithuania and Germany.