Orica Limited (OTCMKTS:OCLDF) Short Interest Update

Orica Limited (OTCMKTS:OCLDF) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,181,900 shares, a drop of 31.7% from the February 28th total of 1,729,200 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Orica Price Performance

OCLDF stock remained flat at $11.00 during mid-day trading on Monday. The company’s stock had a trading volume of 69 shares, compared to its average volume of 1,250. Orica has a 12-month low of $9.68 and a 12-month high of $11.00. The stock’s 50 day moving average is $10.58 and its 200 day moving average is $10.53.

About Orica

Orica Limited manufactures, distributes, and sells commercial blasting systems, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, the United States, and internationally. The company provides 4D bulk explosives systems, packaged explosives, initiating systems, boosters, and seismic explosive ranges; technical services and solutions; and supplementary services.