Petrofac Limited (OTCMKTS:POFCY) Short Interest Up 278.7% in February

Petrofac Limited (OTCMKTS:POFCY) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 170,400 shares, an increase of 278.7% from the February 13th total of 45,000 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 542,300 shares, the days-to-cover ratio is currently 0.3 days.

Petrofac Trading Down 3.5 %

Shares of OTCMKTS POFCY traded down $0.00 during midday trading on Friday, hitting $0.04. 73,029 shares of the stock traded hands, compared to its average volume of 366,951. Petrofac has a one year low of $0.03 and a one year high of $3.27. The business has a 50 day moving average price of $0.04 and a two-hundred day moving average price of $0.06.

Petrofac Company Profile

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).