Orica Limited (OTCMKTS:OCLDF – Get Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 40,338 shares, a growth of 70.9% from the July 15th total of 23,600 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
Orica Stock Performance
Shares of OCLDF stock remained flat at $13.80 on Monday. Orica has a 52-week low of $13.80 and a 52-week high of $17.20. The stock has a 50-day simple moving average of $13.80 and a 200 day simple moving average of $14.19.
About Orica
Orica Limited (OTCMKTS:OCLDF) is a leading global provider of commercial explosives, blasting systems and ground support services for the mining, quarrying, oil and gas industries. The company’s core offerings include bulk and packaged explosives, electronic detonation systems, initiating systems and a suite of digital blasting services designed to optimize blast designs, improve safety and enhance operational efficiency. Orica also operates a specialty chemicals division, supplying industrial and agricultural chemicals that support mining operations and related industries.
Founded in 1874 as Jones, Scott & Co in Melbourne, Australia, Orica has evolved through strategic acquisitions and divestments to become one of the largest players in the explosives market.
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