Orla Mining Ltd. (NYSEAMERICAN:ORLA) Short Interest Update

Posted by Francis Steltz on Jun 16th, 2026

Orla Mining Ltd. (NYSEAMERICAN:ORLA – Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 3,806,789 shares, a decline of 38.8% from the May 14th total of 6,219,025 shares. Based on an average trading volume of 3,169,743 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.1% of the shares of the company are short sold.

Orla Mining Price Performance

NYSEAMERICAN:ORLA traded up $0.37 on Tuesday, reaching $11.57. 3,799,298 shares of the company’s stock traded hands, compared to its average volume of 3,560,706. The stock has a 50-day simple moving average of $13.75 and a 200-day simple moving average of $15.05. Orla Mining has a 12 month low of $9.16 and a 12 month high of $21.98. The firm has a market cap of $4.00 billion, a PE ratio of 17.01 and a beta of 0.21. The company has a quick ratio of 0.88, a current ratio of 1.06 and a debt-to-equity ratio of 0.39.

Orla Mining Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th were paid a $0.015 dividend. This represents a $0.06 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, May 26th. Orla Mining’s dividend payout ratio is presently -599.40%.

Institutional Investors Weigh In On Orla Mining

Several institutional investors and hedge funds have recently modified their holdings of the stock. Van ECK Associates Corp boosted its position in shares of Orla Mining by 279.9% during the fourth quarter. Van ECK Associates Corp now owns 19,391,604 shares of the company’s stock worth $261,201,000 after acquiring an additional 14,287,477 shares during the last quarter. Millennium Management LLC grew its position in shares of Orla Mining by 992.0% during the third quarter. Millennium Management LLC now owns 9,066,678 shares of the company’s stock valued at $97,814,000 after purchasing an additional 8,236,385 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Orla Mining by 152.1% during the fourth quarter. Vanguard Group Inc. now owns 8,202,861 shares of the company’s stock valued at $110,320,000 after purchasing an additional 4,948,805 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Orla Mining by 1.0% in the fourth quarter. Franklin Resources Inc. now owns 7,686,849 shares of the company’s stock worth $103,386,000 after purchasing an additional 74,925 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Orla Mining by 41.1% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 7,251,539 shares of the company’s stock worth $78,194,000 after buying an additional 2,111,765 shares in the last quarter. Institutional investors own 43.04% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ORLA. Zacks Research upgraded shares of Orla Mining from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. TD Securities raised shares of Orla Mining from a “hold” rating to a “buy” rating in a research report on Wednesday, May 20th. ATB Cormark Capital Markets raised shares of Orla Mining from a “hold” rating to a “moderate buy” rating in a report on Monday, February 23rd. Finally, TD Cowen raised shares of Orla Mining from a “hold” rating to a “buy” rating in a report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $27.00.

View Our Latest Report on Orla Mining

About Orla Mining

(Get Free Report)

Orla Mining is a Canada-based mineral exploration and development company focused on advancing gold and silver projects in the Americas. Its flagship asset is the Cerro Quema oxide gold-silver project in Panama, where the company holds approximately 13,000 hectares of mineral concessions. Through feasibility studies and pilot plant testing, Orla has demonstrated the potential of heap leach processing at Cerro Quema, positioning the asset for transition into construction and production phases.

In addition to Cerro Quema, Orla Mining expanded its portfolio in early 2023 with the acquisition of the Gold Springs project located along the Utah–Nevada border in the United States.