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

OMV Aktiengesellschaft (OTCMKTS:OMVJF - Get Free Report) was the target of a large drop in short interest in 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 daily trading volume, of 200 shares, the short-interest ratio is presently 900.0 days.

OMV Aktiengesellschaft Stock Performance

OMVJF remained flat at $40.00 during trading on Friday. 79 shares of the company's stock were exchanged, compared to its average volume of 508. The stock has a 50-day simple moving average of $41.02 and a two-hundred day simple moving average of $42.52. The company 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 twelve month low of $38.89 and a twelve month high of $52.00.

Analyst Upgrades and Downgrades

Separately, BNP Paribas raised shares of OMV Aktiengesellschaft to a "strong-buy" rating in a research report on Wednesday, October 9th.

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.