Orica Limited (OTCMKTS:OCLDF) Short Interest Update

Orica Limited (OTCMKTS:OCLDF) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 799,500 shares, a decrease of 16.6% from the March 31st total of 958,600 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 1,599.0 days.

Orica Stock Performance

Shares of OCLDF opened at $9.60 on Friday. The company’s fifty day simple moving average is $10.24 and its 200 day simple moving average is $10.35. Orica has a 1-year low of $9.50 and a 1-year high of $11.00.

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.