Orica Limited (OTCMKTS:OCLDF – Get Free Report) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 10,382 shares, a drop of 61.4% from the June 15th total of 26,886 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.
Orica Stock Performance
OTCMKTS OCLDF remained flat at $13.80 during trading on Tuesday. Orica has a 12 month low of $13.80 and a 12 month high of $17.20. The business’s fifty day moving average is $13.80 and its 200-day moving average is $14.38.
Orica Company Profile
Orica Limited (OTCMKTS:OCLDF) is a leading global provider of commercial explosives, blasting systems and ground support services for the mining, quarrying, oil and gas industries. The company’s core offerings include bulk and packaged explosives, electronic detonation systems, initiating systems and a suite of digital blasting services designed to optimize blast designs, improve safety and enhance operational efficiency. Orica also operates a specialty chemicals division, supplying industrial and agricultural chemicals that support mining operations and related industries.
Founded in 1874 as Jones, Scott & Co in Melbourne, Australia, Orica has evolved through strategic acquisitions and divestments to become one of the largest players in the explosives market.
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