Short Interest in OMV Aktiengesellschaft (OTCMKTS:OMVJF) Decreases By 25.5%

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

Wall Street Analysts Forecast Growth

Separately, BNP Paribas upgraded shares of OMV Aktiengesellschaft to a “strong-buy” rating in a research note on Wednesday, October 9th.

OMV Aktiengesellschaft Price Performance

OTCMKTS:OMVJF remained flat at $40.00 on Friday. OMV Aktiengesellschaft has a 1-year low of $38.89 and a 1-year high of $52.00. The company has a market capitalization of $13.08 billion, a P/E ratio of 7.74 and a beta of 0.82. The stock’s fifty day moving average price is $41.07 and its two-hundred day moving average price is $42.67.

OMV Aktiengesellschaft Company Profile

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.