How Analysts Feel About PETROCHINA COMPANY LTD ORDINARY SHAR (OTCMKTS:PCCYF) After Decrease in Sellers?

August 9, 2018 - By Ash Maslow

PetroChina Company Limited (OTCMKTS:PCCYF) Logo

The stock of PETROCHINA COMPANY LTD ORDINARY SHAR (OTCMKTS:PCCYF) registered a decrease of 43.07% in short interest. PCCYF’s total short interest was 37.99M shares in August as published by FINRA. Its down 43.07% from 66.73 million shares, reported previously. With 9,800 shares average volume, it will take short sellers 3876 days to cover their PCCYF’s short positions. The short interest to PETROCHINA COMPANY LTD ORDINARY SHAR’s float is 0.17%.

It closed at $0.7118 lastly. It is down 0.00% since August 9, 2017 and is . It has underperformed by 12.57% the S&P500.

PetroChina Company Limited, together with its subsidiaries, primarily engages in a range of petroleum related products, services, and activities. The company has market cap of $224.15 billion. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline divisions. It has a 30.95 P/E ratio. The Exploration and Production segment engages in the exploration, development, production, and marketing of natural gas and crude oil.

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