Orient Overseas International Ltd. (OTCMKTS:OROVY) Short Interest Down 96.7% in March

Orient Overseas International Ltd. (OTCMKTS:OROVY) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 50 shares, a drop of 96.7% from the February 26th total of 1,524 shares. Based on an average trading volume of 414 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 414 shares, the days-to-cover ratio is presently 0.1 days.

Orient Overseas International Price Performance

Shares of OTCMKTS:OROVY remained flat at $91.00 on Tuesday. 60 shares of the stock were exchanged, compared to its average volume of 116. The stock’s fifty day simple moving average is $87.55 and its 200-day simple moving average is $84.19. Orient Overseas International has a fifty-two week low of $60.77 and a fifty-two week high of $98.70.

Orient Overseas International Company Profile

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.