Orica Limited (OTCMKTS:OCLDF) Short Interest Down 18.9% in March

Orica Limited (OTCMKTS:OCLDF) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 958,600 shares, a decrease of 18.9% from the March 15th total of 1,181,900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 9,586.0 days.

Orica Price Performance

OCLDF remained flat at $9.50 during trading on Friday. Orica has a fifty-two week low of $9.50 and a fifty-two week high of $11.00. The business’s 50 day moving average is $10.43 and its 200 day moving average is $10.43.

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.