Short Interest in Orient Overseas International Ltd. (OTCMKTS:OROVY) Increases By 156.0%

Orient Overseas International Ltd. (OTCMKTS:OROVY) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 1,523 shares, a growth of 156.0% from the January 15th total of 595 shares. Based on an average daily volume of 239 shares, the days-to-cover ratio is currently 6.4 days. Based on an average daily volume of 239 shares, the days-to-cover ratio is currently 6.4 days.

Orient Overseas International Stock Performance

OROVY stock opened at $84.42 on Friday. Orient Overseas International has a 1 year low of $60.77 and a 1 year high of $93.89. The business has a 50 day simple moving average of $81.41 and a 200-day simple moving average of $84.34.

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.