Orlen S.A. (OTCMKTS:PSKOF) Short Interest Up 1,423.8% in February

Orlen S.A. (OTCMKTS:PSKOF) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 64,000 shares, an increase of 1,423.8% from the February 13th total of 4,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 640.0 days.

Orlen Price Performance

Shares of OTCMKTS PSKOF opened at C$16.07 on Friday. The firm has a fifty day moving average price of C$13.72 and a 200-day moving average price of C$13.81. Orlen has a 1 year low of C$11.10 and a 1 year high of C$18.50.

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.