Petrofac Limited (OTCMKTS:POFCY - Get Free Report) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totalling 112,100 shares, a drop of 66.6% from the April 30th total of 335,700 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 4,035,900 shares, the days-to-cover ratio is currently 0.0 days.
Petrofac Stock Performance
POFCY remained flat at $0.12 during midday trading on Monday. Petrofac has a 12-month low of $0.02 and a 12-month high of $3.27. The company's fifty day simple moving average is $0.07 and its two-hundred day simple 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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