Orora Limited (OTCMKTS:ORRAF) Short Interest Up 39.3% in November

Orora Limited (OTCMKTS:ORRAF) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 531,100 shares, an increase of 39.3% from the November 15th total of 381,400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Orora Stock Performance

OTCMKTS:ORRAF remained flat at $1.65 during mid-day trading on Friday. The business has a 50 day simple moving average of $1.65 and a two-hundred day simple moving average of $1.44. Orora has a 12-month low of $1.65 and a 12-month high of $1.65.

Orora Company Profile

Orora Limited designs, manufactures, and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. The company operates through Orora Australasia and Orora North America segments. It also provides glass bottles, aluminum cans, tabs, and ends, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, rigid and flexible packaging, and general packaging materials and supplies.