MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) Short Interest Up 61.9% in February

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 24,812 shares, an increase of 61.9% from the February 12th total of 15,326 shares. Based on an average trading volume of 142,399 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 142,399 shares, the days-to-cover ratio is presently 0.2 days.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Stock Down 3.7%

Shares of OTCMKTS:MGYOY traded down $0.22 during midday trading on Friday, reaching $5.65. The company had a trading volume of 88,890 shares, compared to its average volume of 58,034. The stock’s fifty day moving average price is $5.65 and its 200-day moving average price is $4.79. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a one year low of $3.52 and a one year high of $6.50.

About MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS: MGYOY) is a Hungary‐based integrated oil and gas company engaged in exploration, production, refining, marketing and distribution of hydrocarbons. Its upstream activities encompass exploration and production of crude oil and natural gas across Central and Eastern Europe, the Middle East and North Africa. In its downstream segment, MOL operates refineries and a network of service stations under the MOL and Slovnaft brands, supplying fuels, lubricants and speciality petrochemical products to industrial and retail customers.

The company’s petrochemicals division manufactures olefins, polyolefins and other chemical intermediates for use in plastics, packaging and automotive components.