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

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 78,966 shares, an increase of 202.1% from the September 15th total of 26,143 shares. Based on an average trading volume of 92,905 shares, the days-to-cover ratio is presently 0.8 days.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Price Performance

OTCMKTS MGYOY opened at $7.65 on Tuesday. The company has a 50-day moving average price of $8.01 and a 200-day moving average price of $7.04. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a 52 week low of $4.00 and a 52 week high of $9.18.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Company Profile

MOL Magyar Olaj- és Gázipari Nyilvánosan Működő Részvénytársaság, commonly known as MOL Group, is an integrated energy company headquartered in Budapest, Hungary. Established in 1991, the company operates across the oil and gas value chain, including hydrocarbon exploration and production, refining, petrochemicals, fuel distribution and retail.

MOL produces and markets fuels, lubricants, petrochemical products and other energy-related products. Its refining and petrochemical operations are supported by facilities in Central and Eastern Europe, while its service-station network also provides convenience retail and related consumer services.