MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) Short Interest Up 172.6% in July

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 70,018 shares, an increase of 172.6% from the July 15th total of 25,682 shares. Based on an average daily volume of 73,528 shares, the short-interest ratio is currently 1.0 days.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Price Performance

OTCMKTS:MGYOY opened at $7.76 on Friday. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a 1-year low of $3.85 and a 1-year high of $7.88. The firm has a 50 day simple moving average of $6.67 and a 200-day simple moving average of $6.39.

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.