Petrofac Limited (OTCMKTS:POFCY) Short Interest Update

Petrofac Limited (OTCMKTS:POFCY) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 170,400 shares, a growth of 278.7% from the February 13th total of 45,000 shares. Based on an average daily trading volume, of 542,300 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Petrofac Price Performance

OTCMKTS:POFCY opened at $0.04 on Thursday. Petrofac has a 1-year low of $0.03 and a 1-year high of $3.27. The firm has a fifty day simple moving average of $0.04 and a 200 day simple moving average of $0.06.

Petrofac Company Profile

Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).