Orient Overseas International Ltd. (OTCMKTS:OROVY) Shares Shorted: Short Interest Up 77.1% in September

Orient Overseas International Ltd. (OTCMKTS:OROVY) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 62 shares, a growth of 77.1% from the August 31st total of 35 shares. Based on an average daily volume of 104 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are short sold.

Orient Overseas International Price Performance

Orient Overseas International stock remained flat at $97.80 during mid-day trading on Tuesday. 9 shares of the company were exchanged, compared to its average volume of 29. The firm’s 50-day moving average price is $97.82 and its 200 day moving average price is $91.32. Orient Overseas International has a 52 week low of $76.25 and a 52 week high of $110.10.

Orient Overseas International Company Profile

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.