Petrofac Limited (OTCMKTS:POFCY) Short Interest Up 71.3% in December

Petrofac Limited (OTCMKTS:POFCY) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 610,000 shares, an increase of 71.3% from the December 15th total of 356,100 shares. Based on an average daily trading volume, of 373,200 shares, the short-interest ratio is currently 1.6 days.

Petrofac Trading Down 1.3 %

Shares of OTCMKTS:POFCY traded down $0.00 during trading on Wednesday, reaching $0.04. The company had a trading volume of 238,043 shares, compared to its average volume of 628,194. The firm’s fifty day moving average is $0.06 and its 200 day moving average is $0.07. Petrofac has a twelve month low of $0.03 and a twelve month high of $3.27.

Petrofac Company Profile

Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).