Petrofac Limited (OTCMKTS:POFCY - Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 112,100 shares, a decrease of 66.6% from the April 30th total of 335,700 shares. Based on an average trading volume of 4,035,900 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company's stock are sold short.
Petrofac Stock Performance
Shares of Petrofac stock remained flat at $0.12 on Friday. Petrofac has a one year low of $0.02 and a one year high of $3.27. The firm's 50-day moving average is $0.07 and its 200 day moving average is $0.06.
Petrofac Company Profile
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Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).
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