Orica Limited (OTCMKTS:OCLDY) Short Interest Update

Orica Limited (OTCMKTS:OCLDY) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 361 shares, a growth of 237.4% from the February 26th total of 107 shares. Based on an average daily trading volume, of 1,069 shares, the short-interest ratio is presently 0.3 days.

Orica Price Performance

OTCMKTS OCLDY opened at $12.71 on Thursday. Orica has a 52-week low of $8.71 and a 52-week high of $19.00. The business’s 50-day moving average price is $16.66 and its 200 day moving average price is $15.58.

About Orica

Orica Limited is a leading global provider of commercial explosives and blasting systems to the mining, quarrying and construction industries. Headquartered in Melbourne, Australia, the company designs, manufactures and distributes a comprehensive range of bulk and packaged explosives, initiating systems, detonators and digital blasting solutions. Its offerings include ground support products, ventilation systems in underground mining and specialty chemicals that support safe and efficient rock fragmentation and material handling.

In addition to explosives, Orica supplies sodium cyanide for gold extraction, bulk emulsions and specialty ammonium nitrate products.