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

OMV Aktiengesellschaft (OTCMKTS:OMVJF) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 171,600 shares, a decline of 14.8% from the December 15th total of 201,500 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 858.0 days.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas raised OMV Aktiengesellschaft to a “strong-buy” rating in a research note on Wednesday, October 9th.

OMV Aktiengesellschaft Stock Performance

Shares of OTCMKTS OMVJF remained flat at $40.03 during trading hours on Thursday. The company has a 50 day moving average price of $39.01 and a 200-day moving average price of $41.20. The firm has a market cap of $13.09 billion, a P/E ratio of 7.76 and a beta of 0.82. OMV Aktiengesellschaft has a 52-week low of $37.04 and a 52-week high of $52.00.

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.