Orica Limited (OTCMKTS:OCLDF – Get Free Report) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 40,338 shares, an increase of 70.9% from the July 15th total of 23,600 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Orica Stock Performance
Shares of OTCMKTS OCLDF remained flat at $13.80 during midday trading on Monday. The business’s 50-day moving average price is $13.80 and its 200-day moving average price is $14.19. Orica has a one year low of $13.80 and a one year high of $17.20.
About Orica
Orica Limited (OTCMKTS:OCLDF) is a leading global provider of commercial explosives, blasting systems and ground support services for the mining, quarrying, oil and gas industries. The company’s core offerings include bulk and packaged explosives, electronic detonation systems, initiating systems and a suite of digital blasting services designed to optimize blast designs, improve safety and enhance operational efficiency. Orica also operates a specialty chemicals division, supplying industrial and agricultural chemicals that support mining operations and related industries.
Founded in 1874 as Jones, Scott & Co in Melbourne, Australia, Orica has evolved through strategic acquisitions and divestments to become one of the largest players in the explosives market.
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