Short Interest in OMV Aktiengesellschaft (OTCMKTS:OMVJF) Declines By 14.8%

OMV Aktiengesellschaft (OTCMKTS:OMVJF) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 171,600 shares, a drop of 14.8% from the December 15th total of 201,500 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 858.0 days.

Analyst Ratings Changes

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

OMV Aktiengesellschaft Price Performance

Shares of OTCMKTS:OMVJF remained flat at $40.03 during mid-day trading on Friday. The business’s 50 day moving average price is $38.98 and its 200-day moving average price is $41.19. OMV Aktiengesellschaft has a 12 month low of $37.04 and a 12 month high of $52.00. The stock has a market cap of $13.09 billion, a price-to-earnings ratio of 7.76 and a beta of 0.82.

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.