Orica Limited (OTCMKTS:OCLDF) Short Interest Down 31.7% in March

Orica Limited (OTCMKTS:OCLDF) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 1,181,900 shares, a decrease of 31.7% from the February 28th total of 1,729,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Orica Price Performance

Shares of Orica stock remained flat at $11.00 during trading on Tuesday. Orica has a 52-week low of $9.68 and a 52-week high of $11.00. The company’s 50-day moving average is $10.59 and its 200-day moving average is $10.53.

About Orica

Orica Limited manufactures, distributes, and sells commercial blasting systems, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, the United States, and internationally. The company provides 4D bulk explosives systems, packaged explosives, initiating systems, boosters, and seismic explosive ranges; technical services and solutions; and supplementary services.