Orica Limited (OTCMKTS:OCLDF) Short Interest Update

Orica Limited (OTCMKTS:OCLDF) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 40,338 shares, a growth of 70.9% from the July 15th total of 23,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Orica Price Performance

OCLDF remained flat at $13.80 during trading on Tuesday. Orica has a one year low of $13.80 and a one year high of $17.20. The company has a fifty day moving average of $13.80 and a two-hundred day moving average of $14.18.

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.