Orient Overseas International Ltd. (OTCMKTS:OROVY) Short Interest Down 53.3% in August

Orient Overseas International Ltd. (OTCMKTS:OROVY) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 35 shares, a decrease of 53.3% from the August 15th total of 75 shares. Based on an average trading volume of 53 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the company’s stock are sold short.

Orient Overseas International Price Performance

Shares of OROVY remained flat at $97.80 during mid-day trading on Wednesday. 4 shares of the stock traded hands, compared to its average volume of 41. Orient Overseas International has a one year low of $76.25 and a one year high of $110.10. The stock has a 50 day moving average of $94.29 and a 200-day moving average of $91.12.

About Orient Overseas International

Orient Overseas International Ltd. is a Hong Kong-based transportation and logistics holding company best known for its ownership of Orient Overseas Container Line (OOCL). Through OOCL and related businesses, the company provides international containerized shipping services for manufacturers, retailers, wholesalers and other commercial customers.

OOCL operates ocean freight services connecting major markets across Asia, North America, Europe, the Mediterranean, the Middle East and other global trade regions.