Orient Overseas International Ltd. (OTCMKTS:OROVY) Shares Shorted: Short Interest Up 77.1% in September

Orient Overseas International Ltd. (OTCMKTS:OROVY) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 62 shares, an increase of 77.1% from the August 31st total of 35 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 104 shares, the days-to-cover ratio is currently 0.6 days.

Orient Overseas International Price Performance

OTCMKTS OROVY remained flat at $97.80 during trading on Thursday. 2 shares of the company’s stock were exchanged, compared to its average volume of 29. Orient Overseas International has a 1 year low of $76.25 and a 1 year high of $110.10. The stock has a fifty day simple moving average of $98.60 and a 200-day simple moving average of $91.32.

About Orient Overseas International

Orient Overseas (International) Limited is a Hong Kong-based transportation and logistics holding company best known as the parent of Orient Overseas Container Line (OOCL). Through OOCL, the company provides international containerized shipping services, transporting manufactured goods, raw materials and other cargo for customers worldwide.

OOCL operates a global liner network serving major trade routes, including Asia-Europe, trans-Pacific, trans-Atlantic and intra-Asia services. Its offerings include ocean freight transportation, supply-chain management, cargo logistics, freight documentation and related customer services.