Orica Limited (OTCMKTS:OCLDF – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 23,600 shares, a growth of 127.3% from the June 30th total of 10,382 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Orica Stock Performance
Shares of OCLDF remained flat at $13.80 during trading hours on Wednesday. The business’s 50-day moving average price is $13.80 and its two-hundred day moving average price is $14.29. Orica has a 52-week low of $13.80 and a 52-week high of $17.20.
About Orica
Orica Limited (OTCMKTS:OCLDF) is a leading global provider of commercial explosives, blasting systems and ground support services for the mining, quarrying, oil and gas industries. The company’s core offerings include bulk and packaged explosives, electronic detonation systems, initiating systems and a suite of digital blasting services designed to optimize blast designs, improve safety and enhance operational efficiency. Orica also operates a specialty chemicals division, supplying industrial and agricultural chemicals that support mining operations and related industries.
Founded in 1874 as Jones, Scott & Co in Melbourne, Australia, Orica has evolved through strategic acquisitions and divestments to become one of the largest players in the explosives market.
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