Short Interest in Orient Overseas (International) Limited (OTCMKTS:OROVF) Rises By 91.3%

Orient Overseas (International) Limited (OTCMKTS:OROVF) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 41,900 shares, a growth of 91.3% from the February 28th total of 21,900 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 104.8 days.

Orient Overseas (International) Price Performance

OROVF stock remained flat at $14.72 during midday trading on Friday. The company’s fifty day moving average price is $13.92 and its two-hundred day moving average price is $13.80. Orient Overseas has a 52 week low of $12.45 and a 52 week high of $14.72.

About Orient Overseas (International)

Orient Overseas (International) Limited, an investment holding company, provides container transport and logistics services in Asia, Europe, North and South America, Australia, and Africa. The company offers supply chain management services; and containerised shipping services in various trade lanes comprising Trans-Pacific, Trans-Atlantic, Asia/Europe, and Intra-Asia/Australasia trades.