Petrofac tumbled on Monday as it announced a delay to the publication of its full-year results and said it may have to convert a significant proportion of its existing debt to equity.
Petrofac Limited (OTCMKTS:POFCY – Get Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 14,200 shares, an increase of 14,100.0% from the March 31st total of 100 shares. Based on an average daily volume of 12,800 shares, the days-to-cover ratio is […]