Orora Limited (OTCMKTS:ORRAF) Short Interest Up 25.8% in August

Orora Limited (OTCMKTS:ORRAF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 251,000 shares, a growth of 25.8% from the August 15th total of 199,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2,510.0 days.

ORRAF opened at $2.38 on Tuesday. Orora has a fifty-two week low of $1.80 and a fifty-two week high of $2.81. The company’s 50 day moving average price is $2.58 and its two-hundred day moving average price is $2.42.

Orora Company Profile

Orora Ltd. engages in the manufacturing and distribution of fiber, glass and aluminum beverage cans. It operates through the following segments: Orora Australasia and Orora North America. The Orora Australasia segment focuses on the manufacture of fiber and beverage packaging products within Australia and New Zealand.

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