Thai Oil Public Company Limited (OTCMKTS:TOIPY) Short Interest Down 58.3% in February

Thai Oil Public Company Limited (OTCMKTS:TOIPY) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 500 shares, a drop of 58.3% from the January 31st total of 1,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 5.0 days.

Thai Oil Public Trading Down 14.6 %

Shares of OTCMKTS:TOIPY opened at $7.08 on Friday. Thai Oil Public has a 12-month low of $7.08 and a 12-month high of $13.70. The business’s fifty day simple moving average is $8.30 and its 200-day simple moving average is $12.29.

Thai Oil Public Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Monday, March 3rd will be issued a $0.2073 dividend. The ex-dividend date of this dividend is Monday, March 3rd. Thai Oil Public’s dividend payout ratio is presently 96.52%.

Thai Oil Public Company Profile

Thai Oil Public Company Limited, together with its subsidiaries, engages in the oil refining, petrochemicals, lube base oil, and other businesses in Thailand and internationally. It operates through Oil Refinery, Lube Base Oil Refinery, Aromatics and LAB, Power Generation, Solvent, Ethanol, Olefins, and Others segments.