Orica Limited (OTCMKTS:OCLDY – Get Free Report) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 176 shares, a growth of 57.1% from the January 15th total of 112 shares. Based on an average daily trading volume, of 615 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 615 shares, the days-to-cover ratio is presently 0.3 days.
Orica Stock Performance
Shares of OCLDY stock opened at $17.23 on Friday. Orica has a 1 year low of $8.71 and a 1 year high of $19.00. The stock’s 50 day simple moving average is $16.86 and its two-hundred day simple moving average is $15.16.
About Orica
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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