Orica Limited (OTCMKTS:OCLDY – Get Free Report) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 112 shares, a growth of 57.7% from the December 31st total of 71 shares. Based on an average daily trading volume, of 254 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 254 shares, the days-to-cover ratio is presently 0.4 days.
Orica Price Performance
Shares of OCLDY opened at $17.23 on Friday. Orica has a 1 year low of $8.71 and a 1 year high of $19.00. The business’s 50 day simple moving average is $16.57 and its 200-day simple moving average is $14.91.
Orica Company Profile
Orica Limited is a leading global provider of commercial explosives and blasting systems to the mining, quarrying and construction industries. Headquartered in Melbourne, Australia, the company designs, manufactures and distributes a comprehensive range of bulk and packaged explosives, initiating systems, detonators and digital blasting solutions. Its offerings include ground support products, ventilation systems in underground mining and specialty chemicals that support safe and efficient rock fragmentation and material handling.
In addition to explosives, Orica supplies sodium cyanide for gold extraction, bulk emulsions and specialty ammonium nitrate products.
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