Orica Limited (OTCMKTS:OCLDY) Short Interest Down 35.5% in December

Orica Limited (OTCMKTS:OCLDY) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 71 shares, a decline of 35.5% from the December 15th total of 110 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 1,000 shares, the short-interest ratio is presently 0.1 days.

Orica Stock Performance

Shares of OCLDY stock remained flat at $16.65 during mid-day trading on Friday. The company’s stock had a trading volume of 12 shares, compared to its average volume of 699. Orica has a 12 month low of $8.71 and a 12 month high of $17.02. The firm’s 50-day moving average price is $16.05 and its two-hundred day moving average price is $14.56.

About Orica

Orica Limited is a leading global provider of commercial explosives and blasting systems to the mining, quarrying and construction industries. Headquartered in Melbourne, Australia, the company designs, manufactures and distributes a comprehensive range of bulk and packaged explosives, initiating systems, detonators and digital blasting solutions. Its offerings include ground support products, ventilation systems in underground mining and specialty chemicals that support safe and efficient rock fragmentation and material handling.

In addition to explosives, Orica supplies sodium cyanide for gold extraction, bulk emulsions and specialty ammonium nitrate products.