Short Interest in Orient Overseas International Ltd. (OTCMKTS:OROVY) Drops By 96.7%

Orient Overseas International Ltd. (OTCMKTS:OROVY) saw a significant decline in short interest in March. As of March 13th, there was short interest totaling 50 shares, a decline of 96.7% from the February 26th total of 1,524 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 414 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 414 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Orient Overseas International Stock Performance

Orient Overseas International stock remained flat at $91.00 during midday trading on Wednesday. The company had a trading volume of 60 shares, compared to its average volume of 116. The business’s 50 day moving average price is $87.55 and its two-hundred day moving average price is $84.19. Orient Overseas International has a 52 week low of $60.77 and a 52 week high of $98.70.

About Orient Overseas International

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.