Short Interest in Orient Overseas International Ltd. (OTCMKTS:OROVY) Drops By 53.3%

Orient Overseas International Ltd. (OTCMKTS:OROVY) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 35 shares, a decline of 53.3% from the August 15th total of 75 shares. Based on an average trading volume of 53 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are sold short.

Orient Overseas International Stock Up 2.8%

Shares of Orient Overseas International stock opened at $97.80 on Monday. The stock’s fifty day moving average is $93.51 and its two-hundred day moving average is $90.98. Orient Overseas International has a 52 week low of $76.25 and a 52 week high of $110.10.

About Orient Overseas International

Orient Overseas International Ltd. is a Hong Kong-based transportation and logistics holding company best known for its ownership of Orient Overseas Container Line (OOCL). Through OOCL and related businesses, the company provides international containerized shipping services for manufacturers, retailers, wholesalers and other commercial customers.

OOCL operates ocean freight services connecting major markets across Asia, North America, Europe, the Mediterranean, the Middle East and other global trade regions.