Orlen S.A. (OTCMKTS:PSKOF) Short Interest Up 88.4% in March

Orlen S.A. (OTCMKTS:PSKOF) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 120,600 shares, a growth of 88.4% from the February 28th total of 64,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,206.0 days.

Orlen Stock Performance

OTCMKTS:PSKOF remained flat at C$16.07 during mid-day trading on Friday. Orlen has a 12 month low of C$11.10 and a 12 month high of C$18.50. The firm has a 50 day moving average price of C$14.61 and a 200-day moving average price of C$13.80.

Orlen Company Profile

Orlen SA operates in refining, petrochemical, energy, retail, gas, and upstream business. It engages in the processing and wholesale of refinery products, such as crude oil; production and sale of fuel, oil, chemicals, and petrochemicals, as well as provision of supporting services; production, distribution, and sale of electricity and heat from conventional and renewable energy sources comprising solar photovoltaics, as well as natural gas; trading of electricity; exploration and extraction of mineral resources; exploration, production, and import of natural gas; and trading and storage of gas and liquid gas.