Orient Overseas (International) Limited (OTCMKTS:OROVF) Short Interest Up 39.5% in April

Orient Overseas (International) Limited (OTCMKTS:OROVFGet Rating) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 151,500 shares, an increase of 39.5% from the March 31st total of 108,600 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 505.0 days.

Shares of Orient Overseas (International) stock remained flat at $$25.70 during trading on Friday. The company had a trading volume of 11 shares, compared to its average volume of 627. Orient Overseas has a 12-month low of $12.00 and a 12-month high of $29.25. The business’s 50-day simple moving average is $27.05 and its 200 day simple moving average is $23.17.

About Orient Overseas (International) (Get Rating)

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

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