Orient Overseas International Ltd. (OTCMKTS:OROVY) Short Interest Up 156.0% in January

Orient Overseas International Ltd. (OTCMKTS:OROVY) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,523 shares, an increase of 156.0% from the January 15th total of 595 shares. Based on an average daily trading volume, of 239 shares, the days-to-cover ratio is currently 6.4 days. Based on an average daily trading volume, of 239 shares, the days-to-cover ratio is currently 6.4 days.

Orient Overseas International Price Performance

OROVY remained flat at $84.42 during trading on Friday. 1 shares of the company’s stock were exchanged, compared to its average volume of 87. Orient Overseas International has a 52-week low of $60.77 and a 52-week high of $93.89. The stock has a 50 day moving average price of $81.42 and a two-hundred day moving average price of $84.39.

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.