Orient Overseas (International) Limited (OTCMKTS:OROVF) Short Interest Down 12.6% in June

Orient Overseas (International) Limited (OTCMKTS:OROVF) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 1,324,700 shares, a drop of 12.6% from the May 31st total of 1,515,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 13,247.0 days.

Orient Overseas (International) Price Performance

OROVF opened at $16.75 on Tuesday. The business’s 50 day moving average is $16.03 and its 200-day moving average is $14.83. Orient Overseas has a twelve month low of $11.69 and a twelve month high of $17.73.

About Orient Overseas (International)

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.