Orica Limited (OTCMKTS:OCLDF) Short Interest Down 18.9% in March

Orica Limited (OTCMKTS:OCLDF) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 958,600 shares, a decline of 18.9% from the March 15th total of 1,181,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 9,586.0 days.

Orica Price Performance

Shares of OTCMKTS OCLDF remained flat at $9.50 during trading on Monday. Orica has a fifty-two week low of $9.50 and a fifty-two week high of $11.00. The firm’s fifty day moving average price is $10.43 and its 200 day moving average price is $10.42.

Orica Company Profile

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.