Orlen S.A. (OTCMKTS:PSKOF) Short Interest Down 45.0% in February

Orlen S.A. (OTCMKTS:PSKOF) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 98,814 shares, a drop of 45.0% from the January 29th total of 179,753 shares. Based on an average daily trading volume, of 144 shares, the short-interest ratio is currently 686.2 days. Based on an average daily trading volume, of 144 shares, the short-interest ratio is currently 686.2 days.

Analyst Upgrades and Downgrades

Separately, Oddo Bhf cut shares of Orlen to an “underperform” rating and set a $94.00 price target on the stock. in a research report on Tuesday, February 3rd. Two investment analysts have rated the stock with a Sell rating, Based on data from MarketBeat, Orlen presently has an average rating of “Sell”.

Orlen Stock Performance

Shares of PSKOF opened at C$31.35 on Monday. Orlen has a one year low of C$15.75 and a one year high of C$31.74. The stock has a 50-day moving average of C$29.05 and a 200-day moving average of C$26.18.

About Orlen

Orlen (OTCMKTS:PSKOF), formally known as PKN Orlen, is a leading integrated oil and gas company headquartered in Płock, Poland. The company’s core operations span refining, petrochemical production and the distribution of fuels and energy products. Through its extensive refining network, Orlen processes crude oil into a range of refined products including gasoline, diesel, aviation fuel and lubricants, supplying both domestic and international markets.

In addition to refining, Orlen maintains a robust retail segment operating thousands of service stations under its Orlen and Star brands across Poland, the Czech Republic, Lithuania and Germany.