Orlen S.A. (OTCMKTS:PSKOF – Get Free Report) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,910 shares, an increase of 3,083.3% from the May 31st total of 60 shares. Based on an average daily trading volume, of 36 shares, the days-to-cover ratio is currently 53.1 days.
Orlen Price Performance
OTCMKTS:PSKOF remained flat at C$37.33 during mid-day trading on Thursday. The company’s 50 day simple moving average is C$35.75 and its two-hundred day simple moving average is C$32.42. Orlen has a one year low of C$16.20 and a one year high of C$37.33.
Orlen Company Profile
Orlen (OTCMKTS:PSKOF), formally known as PKN Orlen, is a leading integrated oil and gas company headquartered in Płock, Poland. The company’s core operations span refining, petrochemical production and the distribution of fuels and energy products. Through its extensive refining network, Orlen processes crude oil into a range of refined products including gasoline, diesel, aviation fuel and lubricants, supplying both domestic and international markets.
In addition to refining, Orlen maintains a robust retail segment operating thousands of service stations under its Orlen and Star brands across Poland, the Czech Republic, Lithuania and Germany.
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