Short Interest in Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) Declines By 89.7%

Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 19 shares, a decrease of 89.7% from the April 30th total of 185 shares. Based on an average daily volume of 7 shares, the short-interest ratio is presently 2.7 days.

Motor Oil (Hellas) Corinth Refineries Stock Performance

Shares of Motor Oil (Hellas) Corinth Refineries stock remained flat at $22.44 on Thursday. The firm’s 50 day moving average is $19.08 and its two-hundred day moving average is $16.92. Motor Oil has a 12-month low of $20.95 and a 12-month high of $22.44.

Motor Oil (Hellas) Corinth Refineries Company Profile

Motor Oil (Hellas) Corinth Refineries SA is a Greek refining and petroleum group established in 1970. The company operates one of the largest refining complexes in southeastern Europe, located in Agioi Theodoroi near Corinth. Over the years, it has expanded through investments in modern refining technologies and integrated operations to enhance efficiency and product quality. Controlled by the Vardinogiannis family, Motor Oil Hellas has grown into a key player in the regional energy sector.

The company’s core business covers crude oil refining and the production of a wide range of petroleum products, including gasoline, diesel, jet fuel, fuel oil and petrochemical feedstocks.