Thai Oil Public Company Limited (OTCMKTS:TOIPY) Sees Significant Increase in Short Interest

Thai Oil Public Company Limited (OTCMKTS:TOIPYGet Free Report) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 248 shares, a growth of 106.7% from the May 31st total of 120 shares. Based on an average daily volume of 23 shares, the days-to-cover ratio is currently 10.8 days.

Thai Oil Public Stock Performance

TOIPY opened at $14.40 on Wednesday. Thai Oil Public has a 1-year low of $10.07 and a 1-year high of $17.00. The company has a 50 day simple moving average of $15.49 and a two-hundred day simple moving average of $14.24.

About Thai Oil Public

(Get Free Report)

Thai Oil Public Company Limited (OTCMKTS: TOIPY) is Thailand’s largest integrated oil refining and petrochemical company. Operating the Sriracha complex in Rayong Province, the firm processes crude oil into a broad slate of refined products, including gasoline, diesel, jet fuel, liquefied petroleum gas (LPG) and base oils. Its petrochemical operations produce key feedstocks—such as olefins and aromatics—that serve the plastics, packaging and consumer goods industries.

In addition to refining and petrochemicals, Thai Oil maintains power generation and utility services to support its operations.

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