Orient Overseas (International) Limited (OTCMKTS:OROVF) Short Interest Down 24.9% in August

Orient Overseas (International) Limited (OTCMKTS:OROVF) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 822,800 shares, a decline of 24.9% from the August 15th total of 1,095,700 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 8,228.0 days.

Orient Overseas (International) Stock Performance

OROVF opened at $14.00 on Monday. The firm’s fifty day moving average price is $16.31 and its two-hundred day moving average price is $15.69. Orient Overseas has a fifty-two week low of $14.00 and a fifty-two week high of $14.19.

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.