Orlen S.A. (OTCMKTS:PSKOF) Short Interest Up 48.5% in February

Orlen S.A. (OTCMKTS:PSKOF) saw a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 146,783 shares, an increase of 48.5% from the February 12th total of 98,814 shares. Based on an average trading volume of 6 shares, the short-interest ratio is presently 24,463.8 days. Based on an average trading volume of 6 shares, the short-interest ratio is presently 24,463.8 days.

Wall Street Analyst Weigh In

Separately, Oddo Bhf downgraded shares of Orlen to an “underperform” rating and set a $94.00 price target on the stock. in a report on Tuesday, February 3rd. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Orlen Price Performance

OTCMKTS:PSKOF opened at C$33.75 on Monday. The firm’s 50 day moving average is C$29.91 and its two-hundred day moving average is C$26.98. Orlen has a fifty-two week low of C$16.20 and a fifty-two week high of C$33.75.

Orlen Company Profile

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.