Orient Overseas International Ltd. (OTCMKTS:OROVY) Short Interest Down 53.3% in August

Orient Overseas International Ltd. (OTCMKTS:OROVY) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 35 shares, a drop of 53.3% from the August 15th total of 75 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 53 shares, the days-to-cover ratio is presently 0.7 days.

Orient Overseas International Stock Up 2.8%

Orient Overseas International stock opened at $97.80 on Monday. The company has a 50 day moving average price of $93.51 and a 200-day moving average price of $90.98. Orient Overseas International has a fifty-two week low of $76.25 and a fifty-two week high of $110.10.

About Orient Overseas International

Orient Overseas International Ltd. is a Hong Kong-based transportation and logistics holding company best known for its ownership of Orient Overseas Container Line (OOCL). Through OOCL and related businesses, the company provides international containerized shipping services for manufacturers, retailers, wholesalers and other commercial customers.

OOCL operates ocean freight services connecting major markets across Asia, North America, Europe, the Mediterranean, the Middle East and other global trade regions.