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) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 15,271 shares, a growth of 171.6% from the November 30th total of 5,622 shares. Based on an average daily trading volume, of 52,621 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 52,621 shares, the days-to-cover ratio is presently 0.3 days.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Stock Performance

Shares of OTCMKTS MGYOY traded down $0.06 during midday trading on Friday, reaching $4.34. The stock had a trading volume of 14,531 shares, compared to its average volume of 56,309. The stock has a 50-day moving average of $4.41 and a 200-day moving average of $4.36. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a 12-month low of $3.34 and a 12-month high of $4.82.

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.