Short Interest in HELLENiQ ENERGY Holdings S.A. (OTCMKTS:HLPMF) Grows By 330.3%

HELLENiQ ENERGY Holdings S.A. (OTCMKTS:HLPMF) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,407 shares, an increase of 330.3% from the June 30th total of 327 shares. Based on an average daily trading volume, of 120 shares, the days-to-cover ratio is currently 11.7 days.

HELLENiQ ENERGY Price Performance

Shares of OTCMKTS:HLPMF opened at $12.80 on Friday. The business’s 50-day moving average is $12.10 and its 200 day moving average is $11.21. HELLENiQ ENERGY has a 1 year low of $9.75 and a 1 year high of $12.80.

HELLENiQ ENERGY Company Profile

HELLENiQ ENERGY Public Limited Company, formerly known as Hellenic Petroleum, is a leading integrated energy group in Southeast Europe. The company’s core activities span crude oil refining, supply, trading, petrochemicals and energy production. With operations rooted in Greece, HELLENiQ ENERGY serves both domestic and regional markets through a network of refineries, import terminals and marketing subsidiaries.

The refining segment comprises three major facilities located in Elefsina, Thessaloniki and Aspropyrgos, which together process crude oil into a wide range of petroleum products, including gasoline, diesel, jet fuel and bitumen.