Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) Short Interest Down 75.0% in December

Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 100 shares, a decline of 75.0% from the December 15th total of 400 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 0.5 days.

Motor Oil (Hellas) Corinth Refineries Stock Performance

MOHCY stock remained flat at $8.03 on Monday. Motor Oil has a fifty-two week low of $8.03 and a fifty-two week high of $14.00. The company has a 50 day simple moving average of $9.21 and a two-hundred day simple moving average of $10.62.

Motor Oil (Hellas) Corinth Refineries Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, January 21st. Stockholders of record on Friday, December 27th will be issued a $0.1574 dividend. The ex-dividend date of this dividend is Friday, December 27th. Motor Oil (Hellas) Corinth Refineries’s dividend payout ratio is presently -576.31%.

About Motor Oil (Hellas) Corinth Refineries

Motor Oil (Hellas) Corinth Refineries SA engages in oil refining and oil products trading in Greece and internationally. It operates through four segments: Refining Activity, Fuels' Marketing Activity, Power & Gas, and Other. The company produces and sells liquid fuels, lubricants, and asphalt for transportation, industrial, and household use.