OMV Aktiengesellschaft (OTCMKTS:OMVJF) Short Interest Down 27.0% in November

OMV Aktiengesellschaft (OTCMKTS:OMVJF) was the target of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 241,700 shares, a decline of 27.0% from the October 31st total of 330,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 2,417.0 days.

OMV Aktiengesellschaft Price Performance

OMVJF remained flat at $39.74 during mid-day trading on Friday. The business’s fifty day moving average is $41.46 and its 200-day moving average is $43.30. The firm has a market cap of $12.99 billion, a PE ratio of 7.69 and a beta of 0.82. OMV Aktiengesellschaft has a twelve month low of $39.53 and a twelve month high of $52.00.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas upgraded 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.