Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) Sees Large Growth in Short Interest

Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 308 shares, an increase of 2,466.7% from the August 31st total of 12 shares. Based on an average daily volume of 121 shares, the days-to-cover ratio is presently 2.5 days.

Motor Oil (Hellas) Corinth Refineries Price Performance

Motor Oil (Hellas) Corinth Refineries stock remained flat at $36.48 during trading hours on Thursday. The stock has a fifty day moving average price of $31.48 and a 200-day moving average price of $24.11. Motor Oil has a 1 year low of $20.95 and a 1 year high of $38.07.

About Motor Oil (Hellas) Corinth Refineries

Motor Oil (Hellas) Corinth Refineries SA is a Greek refining and petroleum group established in 1970. The company operates one of the largest refining complexes in southeastern Europe, located in Agioi Theodoroi near Corinth. Over the years, it has expanded through investments in modern refining technologies and integrated operations to enhance efficiency and product quality. Controlled by the Vardinogiannis family, Motor Oil Hellas has grown into a key player in the regional energy sector.

The company’s core business covers crude oil refining and the production of a wide range of petroleum products, including gasoline, diesel, jet fuel, fuel oil and petrochemical feedstocks.