Orient Overseas International Ltd. (OTCMKTS:OROVY) Short Interest Down 96.7% in March

Orient Overseas International Ltd. (OTCMKTS:OROVY) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 50 shares, a drop of 96.7% from the February 26th total of 1,524 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 414 shares, the days-to-cover ratio is currently 0.1 days.

Orient Overseas International Stock Performance

OROVY stock opened at $91.00 on Thursday. The business has a fifty day simple moving average of $87.75 and a 200-day simple moving average of $84.24. Orient Overseas International has a 52 week low of $60.77 and a 52 week high of $98.70.

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.