MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) Sees Large Drop in Short Interest

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 15,960 shares, a decline of 50.3% from the April 15th total of 32,133 shares. Based on an average trading volume of 79,016 shares, the short-interest ratio is presently 0.2 days.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Price Performance

MGYOY traded up $0.21 on Friday, reaching $6.57. The company had a trading volume of 526,155 shares, compared to its average volume of 65,673. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a 1 year low of $3.85 and a 1 year high of $7.39. The stock has a 50-day moving average price of $6.36 and a 200-day moving average price of $5.47.

About MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság

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.