Orient Overseas International Ltd. (OTCMKTS:OROVY) Short Interest Down 32.3% in December

Orient Overseas International Ltd. (OTCMKTS:OROVY) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 21 shares, a decrease of 32.3% from the November 30th total of 31 shares. Based on an average daily trading volume, of 104 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 104 shares, the days-to-cover ratio is presently 0.2 days.

Orient Overseas International Price Performance

OTCMKTS OROVY traded up $3.92 on Wednesday, reaching $80.17. 210 shares of the stock were exchanged, compared to its average volume of 56. The company’s 50-day simple moving average is $82.88 and its two-hundred day simple moving average is $85.13. Orient Overseas International has a one year low of $60.77 and a one year high of $93.89.

About Orient Overseas International

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.