Orica Limited (OTCMKTS:OCLDF) Short Interest Down 31.7% in March

Orica Limited (OTCMKTS:OCLDF) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,181,900 shares, a decrease of 31.7% from the February 28th total of 1,729,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Orica Stock Performance

OTCMKTS OCLDF remained flat at $11.00 on Friday. The company’s stock had a trading volume of 69 shares, compared to its average volume of 1,250. Orica has a 1-year low of $9.68 and a 1-year high of $11.00. The firm’s 50-day simple moving average is $10.58 and its 200-day simple moving average is $10.53.

About Orica

Orica Limited manufactures, distributes, and sells commercial blasting systems, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, the United States, and internationally. The company provides 4D bulk explosives systems, packaged explosives, initiating systems, boosters, and seismic explosive ranges; technical services and solutions; and supplementary services.