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

Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCYGet Free Report) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 12 shares, a decline of 36.8% from the May 14th total of 19 shares. Based on an average trading volume of 468 shares, the short-interest ratio is presently 0.0 days.

Motor Oil (Hellas) Corinth Refineries Price Performance

MOHCY stock remained flat at $22.44 during mid-day trading on Tuesday. The company’s stock had a trading volume of 2 shares, compared to its average volume of 1,425. The firm’s 50 day simple moving average is $20.82 and its two-hundred day simple moving average is $17.53. Motor Oil has a 52-week low of $20.95 and a 52-week high of $22.44.

Motor Oil (Hellas) Corinth Refineries Company Profile

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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.

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