Orica Limited (OTCMKTS:OCLDF) Short Interest Update

Orica Limited (OTCMKTS:OCLDF) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 738,000 shares, an increase of 24.0% from the December 31st total of 595,000 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 1,054.3 days.

Orica Price Performance

OCLDF stock remained flat at $10.49 during mid-day trading on Monday. The business has a fifty day simple moving average of $10.28 and a 200-day simple moving average of $10.62. Orica has a 52-week low of $9.68 and a 52-week high of $10.60.

Orica Company Profile

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.