OMV Aktiengesellschaft (OTCMKTS:OMVKY) Sees Large Decrease in Short Interest

OMV Aktiengesellschaft (OTCMKTS:OMVKY) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 100 shares, a decline of 99.0% from the February 13th total of 9,900 shares. Based on an average daily volume of 43,100 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

OMV Aktiengesellschaft Price Performance

OMVKY traded up $0.08 during trading on Wednesday, reaching $12.16. 12,438 shares of the company were exchanged, compared to its average volume of 20,131. OMV Aktiengesellschaft has a 12-month low of $9.42 and a 12-month high of $13.17. The company’s 50-day moving average is $10.41 and its two-hundred day moving average is $10.34. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 0.28. The company has a market cap of $15.92 billion, a price-to-earnings ratio of 4.88, a P/E/G ratio of 0.80 and a beta of 0.67.

OMV Aktiengesellschaft (OTCMKTS:OMVKY) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $0.41 by $1.40. OMV Aktiengesellschaft had a return on equity of 8.35% and a net margin of 4.02%. Research analysts forecast that OMV Aktiengesellschaft will post 1.64 earnings per share for the current fiscal 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.