OMV Aktiengesellschaft (OTCMKTS:OMVJF) Short Interest Update

OMV Aktiengesellschaft (OTCMKTS:OMVJF) was the target of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 180,000 shares, a decline of 25.5% from the November 15th total of 241,700 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 900.0 days.

OMV Aktiengesellschaft Price Performance

OTCMKTS OMVJF remained flat at $40.00 during trading on Friday. The company’s stock had a trading volume of 79 shares, compared to its average volume of 508. The firm has a market capitalization of $13.08 billion, a P/E ratio of 7.74 and a beta of 0.82. OMV Aktiengesellschaft has a fifty-two week low of $38.89 and a fifty-two week high of $52.00. The company has a 50-day moving average of $41.02 and a 200-day moving average of $42.52.

Wall Street Analyst Weigh In

Separately, BNP Paribas raised OMV Aktiengesellschaft to a “strong-buy” rating in a report on Wednesday, October 9th.

About OMV Aktiengesellschaft

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