Short Interest in Orica Limited (OTCMKTS:OCLDY) Decreases By 35.5%

Orica Limited (OTCMKTS:OCLDYGet Free Report) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 71 shares, a decrease of 35.5% from the December 15th total of 110 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 0.1 days.

Orica Price Performance

OTCMKTS:OCLDY opened at $16.65 on Friday. The business has a 50 day moving average price of $16.05 and a 200-day moving average price of $14.57. Orica has a fifty-two week low of $8.71 and a fifty-two week high of $17.02.

About Orica

(Get Free Report)

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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