Thai Oil Public Company Limited (OTCMKTS:TOIPF) Short Interest Down 26.7% in May

Thai Oil Public Company Limited (OTCMKTS:TOIPFGet Rating) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 193,700 shares, a decrease of 26.7% from the April 30th total of 264,400 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 322.8 days.

Shares of TOIPF stock opened at $1.60 on Monday. The firm has a fifty day simple moving average of $1.59 and a 200-day simple moving average of $1.59. Thai Oil Public has a twelve month low of $1.60 and a twelve month high of $1.60.

Thai Oil Public Company Profile (Get Rating)

Thai Oil Public Company Limited, together with its subsidiaries, engages in the oil refining and distribution, petrochemicals, lube base oil, and other businesses in Thailand and internationally. It operates through Oil Refinery, Lube Base Oil Refinery, Petrochemical, Power Generation, Marine Transportation Services, Solvent, Ethanol, and Others segments.

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