OMV Aktiengesellschaft (OTCMKTS:OMVJF) Sees Large Decrease in Short Interest

OMV Aktiengesellschaft (OTCMKTS:OMVJF) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 180,000 shares, a decrease of 25.5% from the November 15th total of 241,700 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 900.0 days.

Analyst Ratings Changes

Separately, BNP Paribas upgraded shares of OMV Aktiengesellschaft to a “strong-buy” rating in a research report on Wednesday, October 9th.

OMV Aktiengesellschaft Price Performance

Shares of OTCMKTS OMVJF remained flat at $40.00 during midday trading on Friday. The stock had a trading volume of 79 shares, compared to its average volume of 508. The firm has a market capitalization of $13.08 billion, a P/E ratio of 7.74 and a beta of 0.82. The company’s 50-day simple moving average is $41.02 and its 200 day simple moving average is $42.52. OMV Aktiengesellschaft has a 1-year low of $38.89 and a 1-year high of $52.00.

About OMV Aktiengesellschaft

OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, Belgium, New Zealand, the United Arab Emirates, the rest of Central and Eastern Europe, the rest of Europe, and internationally. It operates through three segments: Chemicals & Materials, Fuels & Feedstock, and Energy.