OMV Aktiengesellschaft (OTCMKTS:OMVKY) Sees Significant Drop in Short Interest

OMV Aktiengesellschaft (OTCMKTS:OMVKY) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 4,000 shares, a decline of 39.4% from the December 31st total of 6,600 shares. Based on an average daily volume of 112,600 shares, the days-to-cover ratio is presently 0.0 days.

OMV Aktiengesellschaft Price Performance

OTCMKTS OMVKY traded up $0.09 on Wednesday, hitting $10.25. The stock had a trading volume of 8,271 shares, compared to its average volume of 23,564. The company has a market capitalization of $13.42 billion, a price-to-earnings ratio of 6.01 and a beta of 0.80. OMV Aktiengesellschaft has a 52-week low of $9.42 and a 52-week high of $13.17. The firm has a 50-day moving average of $9.95 and a 200-day moving average of $10.32. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.71.

OMV Aktiengesellschaft (OTCMKTS:OMVKY) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $1.16 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.53). OMV Aktiengesellschaft had a net margin of 3.67% and a return on equity of 8.78%. The business had revenue of $9.69 billion for the quarter. Equities analysts expect that OMV Aktiengesellschaft will post 1.64 EPS for the current year.

About OMV Aktiengesellschaft

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.