MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) Sees Large Drop in Short Interest

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 15,960 shares, a decrease of 50.3% from the April 15th total of 32,133 shares. Based on an average trading volume of 79,016 shares, the days-to-cover ratio is presently 0.2 days.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Trading Up 3.3%

Shares of OTCMKTS:MGYOY traded up $0.21 on Friday, hitting $6.57. 526,155 shares of the company’s stock were exchanged, compared to its average volume of 65,673. The firm’s 50-day moving average is $6.36 and its 200 day moving average is $5.47. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a 1-year low of $3.85 and a 1-year high of $7.39.

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.