Organo Co. (OTCMKTS:ORGJF) Sees Large Increase in Short Interest

Organo Co. (OTCMKTS:ORGJF) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 97,600 shares, a growth of 18.2% from the March 15th total of 82,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 976.0 days.

Organo Price Performance

Shares of ORGJF stock opened at C$53.03 on Wednesday. Organo has a 12-month low of C$52.94 and a 12-month high of C$60.00. The firm has a fifty day moving average of C$53.03 and a 200-day moving average of C$53.77.

About Organo

Organo Corporation operates as a water treatment engineering company in Japan, Taiwan, China, Southeast Asia, and internationally. It offers pure water systems, such as reverse osmosis (RO) systems, regenerative automatic and manual pure water systems, electric regeneration pure water systems, desktop-type pure water systems, cabinet-type pure water systems, electrode ionization high-purity water systems, cartridge water purifiers, and two-stage RO systems; ultrapure water systems, including desktop and cabinet-type ultrapure water systems, and final polishing unit; and other equipment comprising alkaline electrolyzed water production equipment, homogenizers, electro conductivity meters, resistivity meters, and ion exchange filters, as well as marine scrubber wastewater treatment systems.