Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) Sees Large Decline in Short Interest

Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 19 shares, a decrease of 89.7% from the April 30th total of 185 shares. Based on an average daily volume of 7 shares, the days-to-cover ratio is presently 2.7 days.

Motor Oil (Hellas) Corinth Refineries Stock Performance

Shares of Motor Oil (Hellas) Corinth Refineries stock remained flat at $22.44 during trading hours on Friday. Motor Oil has a 12 month low of $20.95 and a 12 month high of $22.44. The company’s 50-day moving average price is $19.35 and its 200 day moving average price is $17.01.

About Motor Oil (Hellas) Corinth Refineries

Motor Oil (Hellas) Corinth Refineries SA is a Greek refining and petroleum group established in 1970. The company operates one of the largest refining complexes in southeastern Europe, located in Agioi Theodoroi near Corinth. Over the years, it has expanded through investments in modern refining technologies and integrated operations to enhance efficiency and product quality. Controlled by the Vardinogiannis family, Motor Oil Hellas has grown into a key player in the regional energy sector.

The company’s core business covers crude oil refining and the production of a wide range of petroleum products, including gasoline, diesel, jet fuel, fuel oil and petrochemical feedstocks.