Short Interest in Orient Overseas (International) Limited (OTCMKTS:OROVF) Increases By 91.3%

Orient Overseas (International) Limited (OTCMKTS:OROVF) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 41,900 shares, an increase of 91.3% from the February 28th total of 21,900 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 104.8 days.

Orient Overseas (International) Price Performance

Shares of OTCMKTS OROVF remained flat at $14.72 during mid-day trading on Friday. The business has a 50 day moving average price of $13.92 and a 200 day moving average price of $13.80. Orient Overseas has a fifty-two week low of $12.45 and a fifty-two week high of $14.72.

About Orient Overseas (International)

Orient Overseas (International) Limited, an investment holding company, provides container transport and logistics services in Asia, Europe, North and South America, Australia, and Africa. The company offers supply chain management services; and containerised shipping services in various trade lanes comprising Trans-Pacific, Trans-Atlantic, Asia/Europe, and Intra-Asia/Australasia trades.