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

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

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Stock Performance

Shares of OTCMKTS MGYOY traded up $0.07 during midday trading on Friday, reaching $5.33. The stock had a trading volume of 59,341 shares, compared to its average volume of 29,176. The stock has a 50-day moving average of $4.55 and a 200-day moving average of $4.42. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a 12-month low of $3.52 and a 12-month high of $5.44.

About MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

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.