Thai Oil Public Company Limited (OTCMKTS:TOIPY – Get Free Report) saw a large decline in short interest in 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 trading volume of 100 shares, the days-to-cover ratio is presently 5.0 days.
Thai Oil Public Stock Down 14.6 %
Shares of TOIPY opened at $7.08 on Friday. The stock has a 50-day moving average of $8.30 and a two-hundred day moving average of $12.29. Thai Oil Public has a one year low of $7.08 and a one year high of $13.70.
Thai Oil Public Cuts Dividend
The company also recently declared a dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.2073 per share. The ex-dividend date is Monday, March 3rd. Thai Oil Public’s dividend payout ratio is currently 96.52%.
About Thai Oil Public
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.
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