OMV Aktiengesellschaft (OTCMKTS:OMVJF) Short Interest Update

OMV Aktiengesellschaft (OTCMKTS:OMVJF) was the target of a large drop in short interest in November. As of November 15th, there was short interest totalling 241,700 shares, a drop of 27.0% from the October 31st total of 330,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 2,417.0 days.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on OMVJF. BNP Paribas upgraded shares of OMV Aktiengesellschaft to a “strong-buy” rating in a report on Wednesday, October 9th. UBS Group upgraded shares of OMV Aktiengesellschaft to a “hold” rating in a report on Thursday, August 1st.

OMV Aktiengesellschaft Stock Performance

OMVJF remained flat at $39.74 during trading on Friday. The stock has a market capitalization of $12.99 billion, a price-to-earnings ratio of 7.69 and a beta of 0.82. OMV Aktiengesellschaft has a 1-year low of $39.53 and a 1-year high of $52.00. The stock’s 50 day moving average is $41.49 and its 200-day moving average is $43.47.

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.