Orient Overseas (International) Limited (OTCMKTS:OROVY) Sees Large Growth in Short Interest

Orient Overseas (International) Limited (OTCMKTS:OROVY) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 300 shares, an increase of 200.0% from the February 28th total of 100 shares. Based on an average daily volume of 700 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Orient Overseas (International) Stock Performance

OROVY stock traded down $1.15 during trading on Friday, hitting $72.00. 123 shares of the company’s stock traded hands, compared to its average volume of 341. Orient Overseas has a 1 year low of $59.00 and a 1 year high of $92.17. The business has a fifty day simple moving average of $69.62 and a two-hundred day simple moving average of $69.02.

Orient Overseas (International) Company Profile

Orient Overseas (International) Limited, an investment holding company, provides container transport and logistics services in Asia, Europe, Australia, and North America. The company offers supply chain management services; and containerised shipping services in various trade lanes comprising Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades.