Orient Overseas International Ltd. (OTCMKTS:OROVY) Sees Significant Increase in Short Interest

Orient Overseas International Ltd. (OTCMKTS:OROVY) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 62 shares, a growth of 77.1% from the August 31st total of 35 shares. Based on an average daily trading volume, of 104 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Orient Overseas International Stock Performance

Shares of OTCMKTS:OROVY remained flat at $97.80 during trading hours on Tuesday. 9 shares of the stock traded hands, compared to its average volume of 29. Orient Overseas International has a twelve month low of $76.25 and a twelve month high of $110.10. The company’s 50 day moving average is $97.82 and its two-hundred day moving average is $91.32.

Orient Overseas International Company Profile

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.