Orient Overseas International Ltd. (OTCMKTS:OROVY) Sees Significant Decrease in Short Interest

Orient Overseas International Ltd. (OTCMKTS:OROVY) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 35 shares, a decrease of 53.3% from the August 15th total of 75 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 53 shares, the short-interest ratio is presently 0.7 days.

Orient Overseas International Stock Performance

Orient Overseas International stock opened at $97.80 on Tuesday. The firm’s fifty day moving average price is $93.90 and its 200-day moving average price is $91.05. Orient Overseas International has a fifty-two week low of $76.25 and a fifty-two week high of $110.10.

About Orient Overseas International

Orient Overseas International Ltd. is a Hong Kong-based transportation and logistics holding company best known for its ownership of Orient Overseas Container Line (OOCL). Through OOCL and related businesses, the company provides international containerized shipping services for manufacturers, retailers, wholesalers and other commercial customers.

OOCL operates ocean freight services connecting major markets across Asia, North America, Europe, the Mediterranean, the Middle East and other global trade regions.