Short Interest in Orient Overseas International Ltd. (OTCMKTS:OROVY) Expands By 3,205.6%

Orient Overseas International Ltd. (OTCMKTS:OROVY) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 595 shares, an increase of 3,205.6% from the December 31st total of 18 shares. Based on an average daily volume of 406 shares, the short-interest ratio is presently 1.5 days. Based on an average daily volume of 406 shares, the short-interest ratio is presently 1.5 days.

Orient Overseas International Stock Performance

Shares of Orient Overseas International stock remained flat at $81.25 during trading on Tuesday. 2 shares of the stock traded hands, compared to its average volume of 110. The business’s 50-day simple moving average is $81.65 and its 200-day simple moving average is $84.61. Orient Overseas International has a 1-year low of $60.77 and a 1-year high of $93.89.

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.