Short Interest in Thai Oil Public Company Limited (OTCMKTS:TOIPY) Declines By 58.9%

Thai Oil Public Company Limited (OTCMKTS:TOIPYGet Free Report) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 143 shares, a decline of 58.9% from the July 15th total of 348 shares. Based on an average trading volume of 169 shares, the short-interest ratio is presently 0.8 days.

Thai Oil Public Price Performance

TOIPY stock opened at $17.85 on Monday. Thai Oil Public has a 12 month low of $10.07 and a 12 month high of $20.40. The firm’s 50-day moving average is $16.03 and its 200 day moving average is $15.60.

About Thai Oil Public

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Thai Oil Public Company Limited (OTCMKTS: TOIPY) is Thailand’s largest integrated oil refining and petrochemical company. Operating the Sriracha complex in Rayong Province, the firm processes crude oil into a broad slate of refined products, including gasoline, diesel, jet fuel, liquefied petroleum gas (LPG) and base oils. Its petrochemical operations produce key feedstocks—such as olefins and aromatics—that serve the plastics, packaging and consumer goods industries.

In addition to refining and petrochemicals, Thai Oil maintains power generation and utility services to support its operations.

Further Reading

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