Orange (OTCMKTS:ORANY) Short Interest Update

Key Points

• Short interest jumped 55.3% in April to 614,314 shares (from 395,456 at March 31), with a days-to-cover ratio of about 3.0 days.
• Analyst sentiment is mixed and the MarketBeat consensus is an "Hold"; ratings split into 1 Strong Buy, 2 Buy, 4 Hold and 1 Sell, with several recent downgrades and some upgrades.
• Shares are trading near recent highs—opened at $20.73 with a 52-week range of $13.65–$21.47; the 50‑day MA ($20.50) sits above the 200‑day MA ($18.15), while liquidity and leverage metrics are roughly neutral (quick ratio 1.09, current ratio 1.11, debt/equity 1.02).

Orange (OTCMKTS:ORANY - Get Free Report) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 614,314 shares, an increase of 55.3% from the March 31st total of 395,456 shares. Based on an average daily trading volume, of 208,099 shares, the days-to-cover ratio is presently 3.0 days. Approximately 0.0% of the company's stock are short sold.

Wall Street Analyst Weigh In

A number of research firms have commented on ORANY. New Street Research lowered Orange from a "strong-buy" rating to a "hold" rating in a report on Thursday, March 12th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Orange in a report on Monday, February 23rd. Zacks Research lowered Orange from a "hold" rating to a "strong sell" rating in a report on Friday, April 17th. Citigroup raised Orange from a "hold" rating to a "buy" rating in a report on Tuesday, January 6th. Finally, Kepler Capital Markets lowered Orange from a "strong-buy" rating to a "hold" rating in a report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold".

Orange Price Performance

Orange stock opened at $20.73 on Monday. Orange has a 52 week low of $13.65 and a 52 week high of $21.47. The business's 50-day moving average price is $20.50 and its 200 day moving average price is $18.15. The company has a quick ratio of 1.09, a current ratio of 1.11 and a debt-to-equity ratio of 1.02.

Orange Company Profile

Orange SA, commonly known as Orange, is a multinational telecommunications operator headquartered in Paris, France. The company has its roots in the former state-owned France Télécom and later consolidated its international operations under the Orange brand. Orange provides a wide range of connectivity and communications services and maintains a significant presence across Europe, and in many countries in Africa and the Middle East, serving both consumer and business customers.

Orange's core activities include mobile and fixed-line telephony, broadband and fiber internet access, and television services for retail customers.

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