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

OMV Aktiengesellschaft (OTCMKTS:OMVJF) was the recipient of a large decrease in short interest in August. As of August 15th, there was short interest totalling 560,200 shares, a decrease of 27.1% from the July 31st total of 768,600 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 1,867.3 days.

OMV Aktiengesellschaft Stock Performance

OMVJF opened at $45.40 on Friday. The stock’s 50-day moving average price is $43.84 and its 200 day moving average price is $45.78. OMV Aktiengesellschaft has a 12-month low of $38.43 and a 12-month high of $52.84. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.75 and a quick ratio of 1.41.

About OMV Aktiengesellschaft

OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, Belgium, Russia, 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.