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

Orlen S.A. (OTCMKTS:PSKOFGet Free Report) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 989 shares, a growth of 245.8% from the July 30th total of 286 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 1.4 days.

Orlen Price Performance

OTCMKTS:PSKOF opened at C$39.08 on Thursday. Orlen has a 52 week low of C$20.02 and a 52 week high of C$39.08. The company has a 50-day moving average of C$38.27 and a 200-day moving average of C$35.66.

About Orlen

(Get Free Report)

Orlen (OTCMKTS:PSKOF), formally known as PKN Orlen, is a leading integrated oil and gas company headquartered in Płock, Poland. The company’s core operations span refining, petrochemical production and the distribution of fuels and energy products. Through its extensive refining network, Orlen processes crude oil into a range of refined products including gasoline, diesel, aviation fuel and lubricants, supplying both domestic and international markets.

In addition to refining, Orlen maintains a robust retail segment operating thousands of service stations under its Orlen and Star brands across Poland, the Czech Republic, Lithuania and Germany.

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