Petrofac Limited (OTCMKTS:POFCF) Short Interest Down 47.1% in April

Petrofac Limited (OTCMKTS:POFCF) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 65,400 shares, a decline of 47.1% from the March 31st total of 123,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Petrofac Price Performance

Petrofac stock opened at $0.09 on Tuesday. Petrofac has a 1-year low of $0.09 and a 1-year high of $2.10. The company’s 50-day moving average is $0.10 and its 200 day moving average is $0.13.

Petrofac Company Profile

Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).