Short Interest in Orient Overseas (International) Limited (OTCMKTS:OROVF) Expands By 1,595.5%

Orient Overseas (International) Limited (OTCMKTS:OROVF) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 710,400 shares, an increase of 1,595.5% from the March 15th total of 41,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 7,104.0 days.

Orient Overseas (International) Price Performance

OROVF remained flat at $14.72 during trading on Monday. Orient Overseas has a fifty-two week low of $12.45 and a fifty-two week high of $14.72. The stock’s fifty day simple moving average is $14.12 and its two-hundred day simple moving average is $13.87.

Orient Overseas (International) Company Profile

Orient Overseas (International) Limited, an investment holding company, provides container transport and logistics services in Asia, Europe, North and South America, Australia, and Africa. The company offers supply chain management services; and containerised shipping services in various trade lanes comprising Trans-Pacific, Trans-Atlantic, Asia/Europe, and Intra-Asia/Australasia trades.