Orlen S.A. (OTCMKTS:PSKOF – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 119 shares, a decline of 88.0% from the August 15th total of 989 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is presently 119.0 days.
Orlen Price Performance
Shares of OTCMKTS PSKOF remained flat at C$39.08 during trading hours on Thursday. 106 shares of the company traded hands, compared to its average volume of 385. Orlen has a 1 year low of C$20.02 and a 1 year high of C$39.08. The firm’s 50 day simple moving average is C$38.62 and its two-hundred day simple moving average is C$36.23.
About Orlen
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.
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