Orlen S.A. (OTCMKTS:PSKOF – Get Free Report) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 568 shares, a drop of 70.3% from the June 15th total of 1,910 shares. Based on an average daily trading volume, of 2 shares, the days-to-cover ratio is presently 284.0 days.
Orlen Price Performance
PSKOF remained flat at C$37.33 on Monday. The company had a trading volume of 2 shares, compared to its average volume of 409. The business has a 50 day moving average of C$36.17 and a two-hundred day moving average of C$33.18. Orlen has a 1 year low of C$16.20 and a 1 year high of C$37.33.
About Orlen
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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