Short Interest in OMV Aktiengesellschaft (OTCMKTS:OMVJF) Declines By 40.0%

OMV Aktiengesellschaft (OTCMKTS:OMVJF) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 121,300 shares, a decline of 40.0% from the June 30th total of 202,100 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is presently 202.2 days.

OMV Aktiengesellschaft Price Performance

OMVJF remained flat at $42.00 during trading on Friday. The firm has a fifty day simple moving average of $45.99 and a 200-day simple moving average of $45.34. OMV Aktiengesellschaft has a 52 week low of $41.01 and a 52 week high of $52.00. The company has a current ratio of 1.77, a quick ratio of 1.41 and a debt-to-equity ratio of 0.26.

OMV Aktiengesellschaft (OTCMKTS:OMVJF) last announced its earnings results on Tuesday, April 30th. The company reported $2.31 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.40. OMV Aktiengesellschaft had a return on equity of 8.93% and a net margin of 4.17%. The company had revenue of $9.07 billion for the quarter. As a group, research analysts expect that OMV Aktiengesellschaft will post 7.61 EPS for the current year.

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.