Orient Overseas (International) Limited (OTCMKTS:OROVF) Short Interest Down 23.8% in November

Orient Overseas (International) Limited (OTCMKTS:OROVF) saw a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 124,000 shares, a decline of 23.8% from the November 15th total of 162,800 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 620.0 days.

Orient Overseas (International) Price Performance

Orient Overseas (International) stock remained flat at $12.45 during midday trading on Friday. The firm’s 50 day moving average price is $13.73 and its two-hundred day moving average price is $15.27. Orient Overseas has a 1 year low of $12.45 and a 1 year high of $14.40.

About Orient Overseas (International)

Orient Overseas (International) Limited, an investment holding company, provides container transport and logistics services in Asia, Europe, North and South America, Australia, and Africa. The company offers supply chain management services; and containerised shipping services in various trade lanes comprising Trans-Pacific, Trans-Atlantic, Asia/Europe, and Intra-Asia/Australasia trades.