Orient Overseas International Ltd. (OTCMKTS:OROVY) Short Interest Update

Orient Overseas International Ltd. (OTCMKTS:OROVY) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 49 shares, a decline of 95.8% from the April 30th total of 1,175 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,785 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Orient Overseas International to a “hold” rating in a research note on Tuesday, April 14th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Orient Overseas International Price Performance

Shares of OTCMKTS OROVY remained flat at $89.71 during midday trading on Wednesday. The stock had a trading volume of 1 shares, compared to its average volume of 494. Orient Overseas International has a 12-month low of $76.25 and a 12-month high of $98.70. The firm has a 50-day moving average price of $90.56 and a 200 day moving average price of $86.67.

About Orient Overseas International

Orient Overseas International Ltd is a Hong Kong–based investment holding company with core interests in maritime transport and related logistics services. Through its principal operating subsidiary, Orient Overseas Container Line (OOCL), the group specializes in international container shipping, offering scheduled services across major east–west and north–south trade routes. The company’s operations encompass vessel chartering, container manufacturing, terminal management and intermodal transport solutions.

Founded from roots dating back to the mid-20th century maritime expansion in Asia, Orient Overseas International has grown into a global operator serving ports in Asia, Europe, North America, Latin America, the Middle East and Australasia.