Orient Overseas International Ltd. (OTCMKTS:OROVY) Stock Short Interest Rises 77.1%

Orient Overseas International Ltd. (OTCMKTS:OROVY) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 62 shares, an increase of 77.1% from the August 31st total of 35 shares. Based on an average daily trading volume, of 104 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the shares of the company are sold short.

Orient Overseas International Stock Performance

Shares of OROVY remained flat at $97.80 during midday trading on Wednesday. The stock had a trading volume of 9 shares, compared to its average volume of 29. Orient Overseas International has a 12 month low of $76.25 and a 12 month high of $110.10. The firm has a fifty day moving average of $98.21 and a 200 day moving average of $91.32.

About Orient Overseas International

Orient Overseas (International) Limited is a Hong Kong-based transportation and logistics holding company best known as the parent of Orient Overseas Container Line (OOCL). Through OOCL, the company provides international containerized shipping services, transporting manufactured goods, raw materials and other cargo for customers worldwide.

OOCL operates a global liner network serving major trade routes, including Asia-Europe, trans-Pacific, trans-Atlantic and intra-Asia services. Its offerings include ocean freight transportation, supply-chain management, cargo logistics, freight documentation and related customer services.