Short Interest in Orora Limited (OTCMKTS:ORRAF) Drops By 76.0%

Orora Limited (OTCMKTS:ORRAF) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 697,900 shares, a decrease of 76.0% from the February 13th total of 2,910,100 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Orora Stock Performance

Shares of ORRAF stock opened at $1.41 on Friday. The firm’s 50 day moving average price is $1.47 and its 200-day moving average price is $1.52. Orora has a one year low of $1.41 and a one year high of $1.65.

About Orora

Orora Limited designs, manufactures, and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. The company operates through Orora Australasia and Orora North America segments. It also provides glass bottles, aluminum cans, tabs, and ends, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, rigid and flexible packaging, and general packaging materials and supplies.