OMV Aktiengesellschaft (OTCMKTS:OMVJF) Short Interest Down 14.8% in December

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

OMV Aktiengesellschaft Stock Performance

OTCMKTS OMVJF remained flat at $40.03 on Thursday. The stock’s fifty day moving average price is $39.01 and its 200-day moving average price is $41.20. OMV Aktiengesellschaft has a 12 month low of $37.04 and a 12 month high of $52.00. The stock has a market capitalization of $13.09 billion, a P/E ratio of 7.76 and a beta of 0.82.

Wall Street Analysts Forecast Growth

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

About OMV Aktiengesellschaft

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.