Thai Oil Public Company Limited (OTCMKTS:TOIPY – Get Free Report) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 248 shares, an increase of 106.7% from the May 31st total of 120 shares. Based on an average daily volume of 23 shares, the days-to-cover ratio is presently 10.8 days.
Thai Oil Public Stock Performance
Thai Oil Public stock opened at $14.40 on Thursday. The company has a 50 day moving average of $15.46 and a 200-day moving average of $14.27. Thai Oil Public has a twelve month low of $10.07 and a twelve month high of $17.00.
About Thai Oil Public
Thai Oil Public Company Limited (OTCMKTS: TOIPY) is Thailand’s largest integrated oil refining and petrochemical company. Operating the Sriracha complex in Rayong Province, the firm processes crude oil into a broad slate of refined products, including gasoline, diesel, jet fuel, liquefied petroleum gas (LPG) and base oils. Its petrochemical operations produce key feedstocks—such as olefins and aromatics—that serve the plastics, packaging and consumer goods industries.
In addition to refining and petrochemicals, Thai Oil maintains power generation and utility services to support its operations.
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