Orlen S.A. (OTCMKTS:PSKOF) Short Interest Up 48.5% in February

Orlen S.A. (OTCMKTS:PSKOF) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 146,783 shares, an increase of 48.5% from the February 12th total of 98,814 shares. Based on an average daily trading volume, of 6 shares, the short-interest ratio is presently 24,463.8 days. Based on an average daily trading volume, of 6 shares, the short-interest ratio is presently 24,463.8 days.

Analysts Set New Price Targets

Separately, Oddo Bhf downgraded Orlen to an “underperform” rating and set a $94.00 target price for the company. in a research report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Orlen Price Performance

PSKOF stock opened at C$33.75 on Friday. The firm’s fifty day moving average is C$29.91 and its 200 day moving average is C$26.89. Orlen has a 52 week low of C$16.20 and a 52 week high of C$33.75.

Orlen Company Profile

Orlen (OTCMKTS:PSKOF), formally known as PKN Orlen, is a leading integrated oil and gas company headquartered in Płock, Poland. The company’s core operations span refining, petrochemical production and the distribution of fuels and energy products. Through its extensive refining network, Orlen processes crude oil into a range of refined products including gasoline, diesel, aviation fuel and lubricants, supplying both domestic and international markets.

In addition to refining, Orlen maintains a robust retail segment operating thousands of service stations under its Orlen and Star brands across Poland, the Czech Republic, Lithuania and Germany.