Orient Overseas International Ltd. (OTCMKTS:OROVY) Short Interest Update

Orient Overseas International Ltd. (OTCMKTS:OROVY) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 49 shares, a decline of 95.8% from the April 30th total of 1,175 shares. Based on an average daily trading volume, of 1,785 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Orient Overseas International Stock Performance

OROVY stock remained flat at $89.71 during mid-day trading on Wednesday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 494. Orient Overseas International has a fifty-two week low of $76.25 and a fifty-two week high of $98.70. The company has a fifty day simple moving average of $90.56 and a 200 day simple moving average of $86.67.

Analyst Ratings Changes

Separately, Zacks Research raised Orient Overseas International to a “hold” rating in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Orient Overseas International has a consensus rating of “Hold”.

Orient Overseas International Company Profile

Orient Overseas International Ltd is a Hong Kong–based investment holding company with core interests in maritime transport and related logistics services. Through its principal operating subsidiary, Orient Overseas Container Line (OOCL), the group specializes in international container shipping, offering scheduled services across major east–west and north–south trade routes. The company’s operations encompass vessel chartering, container manufacturing, terminal management and intermodal transport solutions.

Founded from roots dating back to the mid-20th century maritime expansion in Asia, Orient Overseas International has grown into a global operator serving ports in Asia, Europe, North America, Latin America, the Middle East and Australasia.