Orient Overseas International Ltd. (OTCMKTS:OROVY) Short Interest Update

Key Points

• Short interest surged 1,140.0% to 620 shares as of March 31 (from 50 on March 15), producing a short-interest ratio of 4.7 days while reported shorted shares remain 0.0% of the stock.
• Shares were flat at $90.73 midday with 198 shares traded (against a recent average of 80), a 50-day SMA of $89.94, 200-day SMA of $84.84, and a 12-month range of $66.62–$98.70.
• Orient Overseas International is a Hong Kong–based investment holding company whose principal operating subsidiary, OOCL, provides global container shipping, terminal management and related logistics services.

Orient Overseas International Ltd. (OTCMKTS:OROVY - Get Free Report) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 620 shares, a growth of 1,140.0% from the March 15th total of 50 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 133 shares, the short-interest ratio is currently 4.7 days.

Orient Overseas International Price Performance

Shares of OROVY remained flat at $90.73 during mid-day trading on Friday. 198 shares of the stock were exchanged, compared to its average volume of 80. The business has a 50-day simple moving average of $89.94 and a two-hundred day simple moving average of $84.84. Orient Overseas International has a 12-month low of $66.62 and a 12-month high of $98.70.

About Orient Overseas International

Orient Overseas International Ltd is a Hong Kong–based investment holding company with core interests in maritime transport and related logistics services. Through its principal operating subsidiary, Orient Overseas Container Line (OOCL), the group specializes in international container shipping, offering scheduled services across major east–west and north–south trade routes. The company’s operations encompass vessel chartering, container manufacturing, terminal management and intermodal transport solutions.

Founded from roots dating back to the mid-20th century maritime expansion in Asia, Orient Overseas International has grown into a global operator serving ports in Asia, Europe, North America, Latin America, the Middle East and Australasia.

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