Short Interest in OMV Aktiengesellschaft (OTCMKTS:OMVKY) Drops By 56.9%

OMV Aktiengesellschaft (OTCMKTS:OMVKY) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 6,600 shares, a decline of 56.9% from the November 30th total of 15,300 shares. Based on an average daily trading volume, of 59,500 shares, the days-to-cover ratio is presently 0.1 days.

OMV Aktiengesellschaft Stock Performance

Shares of OMVKY stock traded down $0.02 during trading hours on Friday, hitting $9.71. 49,404 shares of the company were exchanged, compared to its average volume of 16,325. The company has a 50 day simple moving average of $10.14 and a two-hundred day simple moving average of $10.45. The firm has a market cap of $12.70 billion, a P/E ratio of 5.70 and a beta of 0.79. OMV Aktiengesellschaft has a fifty-two week low of $9.42 and a fifty-two week high of $13.17.

OMV Aktiengesellschaft Company Profile

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.