Short Interest in Orient Overseas International Ltd. (OTCMKTS:OROVY) Decreases By 32.3%

Orient Overseas International Ltd. (OTCMKTS:OROVY) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 21 shares, a decline of 32.3% from the November 30th total of 31 shares. Based on an average daily trading volume, of 104 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 104 shares, the short-interest ratio is currently 0.2 days.

Orient Overseas International Price Performance

OTCMKTS:OROVY opened at $80.17 on Monday. The firm has a 50-day moving average of $82.93 and a two-hundred day moving average of $85.16. Orient Overseas International has a 1-year low of $60.77 and a 1-year high of $93.89.

Orient Overseas International Company Profile

Orient Overseas International Ltd is a Hong Kong–based investment holding company with core interests in maritime transport and related logistics services. Through its principal operating subsidiary, Orient Overseas Container Line (OOCL), the group specializes in international container shipping, offering scheduled services across major east–west and north–south trade routes. The company’s operations encompass vessel chartering, container manufacturing, terminal management and intermodal transport solutions.

Founded from roots dating back to the mid-20th century maritime expansion in Asia, Orient Overseas International has grown into a global operator serving ports in Asia, Europe, North America, Latin America, the Middle East and Australasia.