Short Interest of The Day: SURGUTNEFTEGAZ ADR (OTCMKTS:SGTZY) Can’t Be More Risky. Short Interest Increased

November 15, 2016 - By Peter Erickson   ·   0 Comments

Short Interest of The Day: SURGUTNEFTEGAZ ADR (OTCMKTS:SGTZY) Can't Be More Risky. Short Interest Increased

The stock of SURGUTNEFTEGAZ ADR (OTCMKTS:SGTZY) registered an increase of 14.07% in short interest. SGTZY’s total short interest was 351,800 shares in November as published by FINRA. Its up 14.07% from 308,400 shares, reported previously. With 89,200 shares average volume, it will take short sellers 4 days to cover their SGTZY’s short positions. About 116,120 shares traded hands or 690.47% up from the average. Surgutneftegas OAO (ADR) (OTCMKTS:SGTZY) has declined 20.63% since April 13, 2016 and is downtrending. It has underperformed by 24.56% the S&P500.

Surgutneftegaz OAO is an oil company. The company has a market cap of $20.11 billion. The Firm is engaged in the exploration, production, processing and sale of gas and oil, as well as sale of gas and oil products. It has a 2.3 P/E ratio. The Company’s other financial and business activities include banking and insurance activities, and provision of other goods, works and services.

SGTZY Company Profile

Surgutneftegaz OAO (Surgutneftegaz OJSC), incorporated on October 18, 2002, is an oil company. The Firm is engaged in the exploration, production, processing and sale of gas and oil, as well as sale of gas and oil products. The Company’s other financial and business activities include banking and insurance activities, and provision of other goods, works and services. The Company’s divisions include Exploration and production, which is engaged in the exploration, evaluation, production of gas and oil, and oil sale; Refining and sale, which is engaged in gas and oil processing, sale of refined products and the activity of the Company’s subsidiaries involved in refining and refined products sale, and Other activity, which includes all other non-significant divisions having no similar economic performance, and represents subsidiaries of the Company engaged in banking operations, insurance and production of other goods, jobs and services.

More notable recent Surgutneftegas OAO (ADR) (OTCMKTS:SGTZY) news were published by: Seekingalpha.com which released: “Why I Prefer Surgutneftegaz Preferred Over Common Stock? Its 21% Dividend Yield” on June 05, 2015, also Bloomberg.com with their article: “Russian ADRs Rise Third Day as Surgut Leads Energy Share Gains” published on March 25, 2015, Bloomberg.com published: “Russia ADRs Fall Most in Five Years on Ruble’s Plunge” on December 15, 2014. More interesting news about Surgutneftegas OAO (ADR) (OTCMKTS:SGTZY) were released by: Fool.com and their article: “Russia Is Gazprom, Gazprom Is Russia — and What That Means to US Investors” published on October 10, 2015 as well as Seekingalpha.com‘s news article titled: “Russian Oil Companies To Buy Right Now” with publication date: October 14, 2015.

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By Peter Erickson


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