MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) Shares Shorted: Short Interest Up 371.7% in October

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság (OTCMKTS:MGYOY) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 27,304 shares, an increase of 371.7% from the October 15th total of 5,788 shares. Based on an average daily trading volume, of 78,333 shares, the days-to-cover ratio is presently 0.3 days.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Price Performance

OTCMKTS:MGYOY traded up $0.32 during mid-day trading on Wednesday, reaching $7.62. 2,917 shares of the company’s stock were exchanged, compared to its average volume of 70,785. MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság has a one year low of $4.21 and a one year high of $9.18. The business’s fifty day simple moving average is $7.90 and its two-hundred day simple moving average is $6.87.

MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság Company Profile

MOL Magyar Olaj- és Gázipari Nyilvánosan M?köd? Részvénytársaság, known as MOL Group, is a Hungary-based integrated energy company headquartered in Budapest. Established in 1991 during the reorganization of Hungary’s state-owned oil and gas sector, it operates across several parts of the energy value chain. The company explores for and produces crude oil and natural gas, refines crude oil, and manufactures fuels and petrochemical products. Its activities also include wholesale and retail fuel sales, natural gas transportation, and related energy services.