Organo Co. (OTCMKTS:ORGJF) Sees Large Decline in Short Interest

Organo Co. (OTCMKTS:ORGJF) saw a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 75,800 shares, a decline of 44.5% from the May 15th total of 136,600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Organo Price Performance

ORGJF stock remained flat at C$53.03 during trading on Monday. The stock’s 50 day moving average is C$53.03 and its 200 day moving average is C$54.55. Organo has a 52 week low of C$52.94 and a 52 week high of C$60.00.

Organo Company Profile

Organo Corporation operates as a water treatment engineering company in Japan, Taiwan, China, Southeast Asia, and internationally. It offers pure water systems, such as reverse osmosis (RO) systems, regenerative automatic and manual pure water systems, electric regeneration pure water systems, desktop-type pure water systems, cabinet-type pure water systems, electrode ionization high-purity water systems, cartridge water purifiers, and two-stage RO systems; ultrapure water systems, including desktop and cabinet-type ultrapure water systems, and final polishing unit; and other equipment comprising alkaline electrolyzed water production equipment, homogenizers, electro conductivity meters, resistivity meters, and ion exchange filters, as well as marine scrubber wastewater treatment systems.