MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) Short Interest Update

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 26,136 shares, an increase of 63.8% from the April 30th total of 15,960 shares. Based on an average daily volume of 151,411 shares, the days-to-cover ratio is presently 0.2 days.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Stock Down 3.2%

Shares of MGYOY opened at $6.43 on Thursday. The stock’s fifty day simple moving average is $6.53 and its 200 day simple moving average is $5.67. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a twelve month low of $3.85 and a twelve month high of $7.39.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Company Profile

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.