Thai Oil Public Company Limited (OTCMKTS:TOIPY) Sees Large Decrease in Short Interest

Thai Oil Public Company Limited (OTCMKTS:TOIPYGet Free Report) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 117 shares, a decline of 92.1% from the April 15th total of 1,489 shares. Based on an average daily volume of 18 shares, the short-interest ratio is presently 6.5 days.

Thai Oil Public Stock Performance

Shares of OTCMKTS:TOIPY opened at $15.90 on Tuesday. Thai Oil Public has a 52 week low of $10.07 and a 52 week high of $17.00. The company’s fifty day moving average is $15.72 and its 200-day moving average is $12.95.

Thai Oil Public Company Profile

(Get Free Report)

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.

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