OMV AG (OTCMKTS:OMVKY) Short Interest Update

OMV AG (OTCMKTS:OMVKY) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 31,169 shares, an increase of 95.3% from the August 15th total of 15,957 shares. Based on an average daily volume of 20,301 shares, the short-interest ratio is presently 1.5 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised OMV from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 18th. Four equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, OMV presently has an average rating of “Reduce”.

OMV Stock Performance

OMVKY opened at $20.81 on Tuesday. The company’s 50 day moving average is $18.90 and its 200 day moving average is $17.87. The company has a current ratio of 1.22, a quick ratio of 0.92 and a debt-to-equity ratio of 0.27. The company has a market cap of $27.24 billion, a price-to-earnings ratio of 2.20 and a beta of -0.07. OMV has a 12-month low of $12.52 and a 12-month high of $21.05.

OMV Company Profile

OMV Aktiengesellschaft is an Austria-based, integrated energy, fuels and chemicals company headquartered in Vienna. Founded in 1956 as Österreichische Mineralölverwaltung, the company has developed from a national oil enterprise into an international energy group serving customers primarily in Europe and selected markets in the Middle East and North Africa.

OMV’s energy operations include the exploration and production of crude oil and natural gas, natural gas trading and supply, and the processing and marketing of fuels.