Orlen S.A. (OTCMKTS:PSKOF) Short Interest Update

Orlen S.A. (OTCMKTS:PSKOF) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 98,814 shares, a drop of 45.0% from the January 29th total of 179,753 shares. Based on an average trading volume of 144 shares, the days-to-cover ratio is presently 686.2 days. Based on an average trading volume of 144 shares, the days-to-cover ratio is presently 686.2 days.

Orlen Stock Performance

OTCMKTS:PSKOF opened at C$31.35 on Friday. The business’s 50-day simple moving average is C$29.05 and its 200-day simple moving average is C$26.16. Orlen has a fifty-two week low of C$15.75 and a fifty-two week high of C$31.74.

Analysts Set New Price Targets

Separately, Oddo Bhf downgraded shares of Orlen to an “underperform” rating and set a $94.00 target price for the company. in a research note on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

About Orlen

Orlen (OTCMKTS:PSKOF), formally known as PKN Orlen, is a leading integrated oil and gas company headquartered in Płock, Poland. The company’s core operations span refining, petrochemical production and the distribution of fuels and energy products. Through its extensive refining network, Orlen processes crude oil into a range of refined products including gasoline, diesel, aviation fuel and lubricants, supplying both domestic and international markets.

In addition to refining, Orlen maintains a robust retail segment operating thousands of service stations under its Orlen and Star brands across Poland, the Czech Republic, Lithuania and Germany.