Orlen S.A. (OTCMKTS:PSKOF) Sees Large Drop in Short Interest

Orlen S.A. (OTCMKTS:PSKOF) saw a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 600 shares, a decline of 97.1% from the November 15th total of 20,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 6.0 days.

Orlen Price Performance

PSKOF stock remained flat at C$12.39 during trading on Friday. 40 shares of the company’s stock traded hands, compared to its average volume of 579. The firm has a 50 day simple moving average of C$13.29 and a two-hundred day simple moving average of C$15.88. Orlen has a fifty-two week low of C$11.90 and a fifty-two week high of C$18.50.

About Orlen

Orlen SA operates in refining, petrochemical, energy, retail, gas, and upstream business. It engages in the processing and wholesale of refinery products, such as crude oil; production and sale of fuel, oil, chemicals, and petrochemicals, as well as provision of supporting services; production, distribution, and sale of electricity and heat from conventional and renewable energy sources comprising solar photovoltaics, as well as natural gas; trading of electricity; exploration and extraction of mineral resources; exploration, production, and import of natural gas; and trading and storage of gas and liquid gas.