Orora Limited (OTCMKTS:ORRAF – Get Free Report) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 454,183 shares, a drop of 45.0% from the May 31st total of 826,320 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.
Orora Price Performance
Shares of ORRAF opened at $0.90 on Wednesday. Orora has a 1-year low of $0.90 and a 1-year high of $1.46. The firm’s 50-day moving average price is $1.06 and its 200-day moving average price is $1.23.
About Orora
Orora Limited (OTCMKTS:ORRAF) is a diversified packaging company providing integrated solutions across design, manufacturing and distribution. The company operates two core business segments: Packaging Distribution, which sources and supplies a broad range of packaging materials including glass bottles, plastic containers, corrugated cartons and closures; and Packaging Solutions, which delivers custom-designed packaging products and services such as glass manufacturing, aluminum can production, label and carton printing, flexible packaging and end-of-line automation.
Headquartered in North Sydney, Australia, Orora serves customers in the beverage, food, wine, dairy, pharmaceutical and industrial markets.
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