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

Orlen S.A. (OTCMKTS:PSKOF) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 20,900 shares, a growth of 20,800.0% from the October 31st total of 100 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is presently 34.8 days.

Orlen Stock Performance

Shares of Orlen stock remained flat at C$12.39 on Wednesday. Orlen has a 1-year low of C$11.90 and a 1-year high of C$18.50. The firm’s 50-day moving average price is C$13.99 and its two-hundred day moving average price is C$16.27.

About Orlen

Orlen SA operates in refining, petrochemical, energy, retail, gas, and upstream business. It engages in the processing and wholesale of refinery products, such as crude oil; production and sale of fuel, oil, chemicals, and petrochemicals, as well as provision of supporting services; production, distribution, and sale of electricity and heat from conventional and renewable energy sources comprising solar photovoltaics, as well as natural gas; trading of electricity; exploration and extraction of mineral resources; exploration, production, and import of natural gas; and trading and storage of gas and liquid gas.