Petrofac Limited (OTCMKTS:POFCY – Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a drop of 99.4% from the February 29th total of 16,800 shares. Based on an average trading volume of 51,500 shares, the days-to-cover ratio is presently 0.0 days.
Petrofac Price Performance
Shares of OTCMKTS:POFCY remained flat at $0.17 during midday trading on Thursday. The stock had a trading volume of 533 shares, compared to its average volume of 20,352. The company’s 50-day moving average is $0.17 and its 200 day moving average is $0.25. Petrofac has a twelve month low of $0.10 and a twelve month high of $0.56.
About Petrofac
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