Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) Short Interest Down 36.8% in May

Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 12 shares, a drop of 36.8% from the May 14th total of 19 shares. Based on an average daily trading volume, of 468 shares, the days-to-cover ratio is presently 0.0 days.

Motor Oil (Hellas) Corinth Refineries Price Performance

Shares of OTCMKTS:MOHCY remained flat at $22.44 during mid-day trading on Wednesday. The company’s 50 day moving average price is $20.95 and its 200 day moving average price is $17.58. Motor Oil has a 1 year low of $20.95 and a 1 year high of $22.44.

Motor Oil (Hellas) Corinth Refineries Company Profile

Motor Oil (Hellas) Corinth Refineries SA is a Greek refining and petroleum group established in 1970. The company operates one of the largest refining complexes in southeastern Europe, located in Agioi Theodoroi near Corinth. Over the years, it has expanded through investments in modern refining technologies and integrated operations to enhance efficiency and product quality. Controlled by the Vardinogiannis family, Motor Oil Hellas has grown into a key player in the regional energy sector.

The company’s core business covers crude oil refining and the production of a wide range of petroleum products, including gasoline, diesel, jet fuel, fuel oil and petrochemical feedstocks.