Short Interest in Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) Increases By 1,750.0%

Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCYGet Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 185 shares, an increase of 1,750.0% from the April 15th total of 10 shares. Based on an average daily volume of 130 shares, the days-to-cover ratio is currently 1.4 days.

Motor Oil (Hellas) Corinth Refineries Price Performance

OTCMKTS:MOHCY remained flat at $21.09 during trading hours on Monday. 4 shares of the company’s stock traded hands, compared to its average volume of 1,425. The business’s fifty day simple moving average is $17.61 and its 200 day simple moving average is $16.40. Motor Oil has a 52 week low of $20.95 and a 52 week high of $22.20.

Motor Oil (Hellas) Corinth Refineries Company Profile

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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.

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