Thai Oil Public Company Limited (OTCMKTS:TOIPY) Sees Large Decline in Short Interest

Thai Oil Public Company Limited (OTCMKTS:TOIPY) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 500 shares, a decline of 58.3% from the January 31st total of 1,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 5.0 days.

Thai Oil Public Stock Down 14.6 %

Shares of TOIPY opened at $7.08 on Friday. Thai Oil Public has a one year low of $7.08 and a one year high of $13.70. The business has a fifty day moving average of $8.30 and a 200 day moving average of $12.30.

Thai Oil Public Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 13th. Investors of record on Monday, March 3rd will be issued a $0.2073 dividend. The ex-dividend date of this dividend is Monday, March 3rd. Thai Oil Public’s payout ratio is currently 96.52%.

Thai Oil Public Company Profile

Thai Oil Public Company Limited, together with its subsidiaries, engages in the oil refining, petrochemicals, lube base oil, and other businesses in Thailand and internationally. It operates through Oil Refinery, Lube Base Oil Refinery, Aromatics and LAB, Power Generation, Solvent, Ethanol, Olefins, and Others segments.