Orlen S.A. (OTCMKTS:PSKOF – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 43 shares, a drop of 92.4% from the June 30th total of 568 shares. Based on an average daily volume of 4 shares, the days-to-cover ratio is currently 10.8 days.
Orlen Price Performance
Shares of OTCMKTS:PSKOF remained flat at C$39.08 during midday trading on Friday. The stock had a trading volume of 5 shares, compared to its average volume of 385. The company’s 50-day moving average is C$36.70 and its 200 day moving average is C$33.88. Orlen has a twelve month low of C$20.02 and a twelve month high of C$39.08.
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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