Short Interest in Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) Declines By 75.0%

Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a drop of 75.0% from the December 15th total of 400 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 0.5 days.

Motor Oil (Hellas) Corinth Refineries Stock Performance

OTCMKTS:MOHCY remained flat at $8.03 during trading hours on Monday. Motor Oil has a twelve month low of $8.03 and a twelve month high of $14.00. The firm’s 50 day simple moving average is $9.21 and its two-hundred day simple moving average is $10.62.

Motor Oil (Hellas) Corinth Refineries Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, January 21st. Investors of record on Friday, December 27th will be issued a dividend of $0.1574 per share. The ex-dividend date of this dividend is Friday, December 27th. Motor Oil (Hellas) Corinth Refineries’s dividend payout ratio is currently -576.31%.

Motor Oil (Hellas) Corinth Refineries Company Profile

Motor Oil (Hellas) Corinth Refineries SA engages in oil refining and oil products trading in Greece and internationally. It operates through four segments: Refining Activity, Fuels' Marketing Activity, Power & Gas, and Other. The company produces and sells liquid fuels, lubricants, and asphalt for transportation, industrial, and household use.