Orlen S.A. (OTCMKTS:PSKOF) Short Interest Update

Orlen S.A. (OTCMKTS:PSKOF) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 77 shares, a drop of 99.9% from the April 30th total of 81,126 shares. Based on an average daily volume of 5 shares, the days-to-cover ratio is currently 15.4 days.

Analysts Set New Price Targets

Separately, Oddo Bhf lowered shares of Orlen to an “underperform” rating and set a $94.00 price objective for the company. in a research report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Sell rating, Based on data from MarketBeat, Orlen presently has an average rating of “Sell”.

Orlen Price Performance

PSKOF remained flat at C$35.40 during trading on Wednesday. Orlen has a one year low of C$16.20 and a one year high of C$36.10. The firm has a fifty day moving average price of C$35.27 and a two-hundred day moving average price of C$31.14.

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.