Orica Limited (OTCMKTS:OCLDF – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 23,251 shares, a decline of 36.0% from the August 15th total of 36,333 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.
Orica Price Performance
Shares of Orica stock opened at $13.80 on Friday. Orica has a 12-month low of $13.80 and a 12-month high of $17.20. The stock has a 50 day moving average price of $13.80 and a two-hundred day moving average price of $14.00.
Orica Company Profile
Orica Limited (OTCMKTS:OCLDF) is a leading global provider of commercial explosives, blasting systems and ground support services for the mining, quarrying, oil and gas industries. The company’s core offerings include bulk and packaged explosives, electronic detonation systems, initiating systems and a suite of digital blasting services designed to optimize blast designs, improve safety and enhance operational efficiency. Orica also operates a specialty chemicals division, supplying industrial and agricultural chemicals that support mining operations and related industries.
Founded in 1874 as Jones, Scott & Co in Melbourne, Australia, Orica has evolved through strategic acquisitions and divestments to become one of the largest players in the explosives market.
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