Orange (OTCMKTS:ORANY) Short Interest Down 36.8% in August

Key Points

• The short interest in Orange (OTCMKTS:ORANY) decreased by 36.8% in August, falling from 376,600 shares to 238,000 shares.
• Wall Street analysts have mixed ratings on Orange, with one firm upgrading to a strong buy and another downgrading to a hold, resulting in a consensus rating of Moderate Buy.
• As of now, Orange's stock is trading at $16.25, with a 52-week high of $17.03 and a low of $9.60.

Orange (OTCMKTS:ORANY - Get Free Report) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 238,000 shares, a decline of 36.8% from the August 15th total of 376,600 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 312,200 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 312,200 shares, the short-interest ratio is presently 0.8 days. Approximately 0.0% of the shares of the stock are short sold.

Orange Price Performance

ORANY opened at $16.25 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.89 and a debt-to-equity ratio of 0.89. The business's 50 day simple moving average is $15.95. Orange has a fifty-two week low of $9.60 and a fifty-two week high of $17.03.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ORANY. The Goldman Sachs Group upgraded shares of Orange from a "strong sell" rating to a "hold" rating in a research report on Thursday, July 31st. Berenberg Bank upgraded shares of Orange to a "strong-buy" rating in a research report on Thursday, June 26th. Finally, Wall Street Zen lowered shares of Orange from a "buy" rating to a "hold" rating in a research report on Sunday, July 20th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Orange has a consensus rating of "Moderate Buy".

About Orange

Orange SA provides various fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators in France and internationally. It operates through France; Spain and Other European Countries; The Africa and Middle East; Enterprise; International Carriers & Shared Services; and Mobile Financial Services segments.

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