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

Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY – Get Free Report) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 34 shares, a drop of 89.6% from the October 15th total of 327 shares. Based on an average daily trading volume, of 291 shares, the short-interest ratio is presently 0.1 days.

Motor Oil (Hellas) Corinth Refineries Stock Performance

Shares of Motor Oil (Hellas) Corinth Refineries stock remained flat at $33.72 on Wednesday. 458 shares of the stock were exchanged, compared to its average volume of 697. Motor Oil has a 12 month low of $20.95 and a 12 month high of $39.00. The firm’s 50 day simple moving average is $36.62 and its 200 day simple moving average is $25.02.

Motor Oil (Hellas) Corinth Refineries Company Profile

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Motor Oil (Hellas) Corinth Refineries is a Greek energy company founded in 1970. Its core operation is an oil refinery at Agioi Theodoroi, near Corinth, where it processes crude oil into products such as gasoline, diesel, jet fuel, liquefied petroleum gas, and lubricants. The company also operates across the supply, trading, and distribution of energy products. Its activities include fuel retailing and the sale of electricity and natural gas, alongside investments in renewable energy. Through its business and subsidiaries, Motor Oil serves customers in Greece and international markets.

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