Orica Limited (OTCMKTS:OCLDF – Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 23,600 shares, an increase of 127.3% from the June 30th total of 10,382 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Orica Price Performance
OCLDF remained flat at $13.80 during trading on Thursday. Orica has a 52 week low of $13.80 and a 52 week high of $17.20. The company has a fifty day moving average price of $13.80 and a 200 day moving average price of $14.28.
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.
Featured Stories
- Five stocks we like better than Orica
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for Orica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orica and related companies with MarketBeat.com's FREE daily email newsletter.
