MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) Stock Short Interest Declines 92.7%

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 5,788 shares, a decline of 92.7% from the September 30th total of 78,966 shares. Based on an average trading volume of 96,095 shares, the short-interest ratio is currently 0.1 days.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Trading Up 2.2%

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság stock opened at $7.55 on Tuesday. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a fifty-two week low of $4.07 and a fifty-two week high of $9.18. The business’s 50-day simple moving average is $8.00 and its two-hundred day simple moving average is $6.72.

About MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

MOL Magyar Olaj- és Gázipari Nyilvánosan Működő Részvénytársaság, commonly known as MOL Group, is an integrated energy company headquartered in Budapest, Hungary. Established in 1991, the company operates across the oil and gas value chain, including exploration and production, refining, petrochemicals, fuel distribution and retail.

MOL’s upstream business explores for and produces crude oil and natural gas in Hungary and other international markets. Its downstream operations include refineries and petrochemical facilities that manufacture transportation fuels, lubricants, polymers and other chemical products.