Orica Limited (OTCMKTS:OCLDY) Sees Large Decrease in Short Interest

by · The Cerbat Gem

Orica Limited (OTCMKTS:OCLDY – Get Free Report) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 400 shares, a decline of 33.3% from the August 15th total of 600 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 2.0 days. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 2.0 days.

Orica Price Performance

OCLDY opened at $13.34 on Thursday. The company has a fifty day moving average price of $13.71 and a two-hundred day moving average price of $12.12. Orica has a 1-year low of $8.71 and a 1-year high of $14.22.

About Orica

(Get Free Report)

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.

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