Petrofac Limited (OTCMKTS:POFCY) Short Interest Update

Petrofac Limited (OTCMKTS:POFCY) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 14,200 shares, an increase of 14,100.0% from the March 31st total of 100 shares. Based on an average daily volume of 12,800 shares, the days-to-cover ratio is presently 1.1 days.

Petrofac Trading Up 8.6 %

OTCMKTS:POFCY opened at $0.13 on Friday. Petrofac has a 52-week low of $0.10 and a 52-week high of $0.56. The business’s fifty day moving average is $0.16 and its 200 day moving average is $0.20.

Petrofac Company Profile

Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).