Orica Limited (OTCMKTS:OCLDY) Short Interest Down 66.7% in March

Orica Limited (OTCMKTS:OCLDY) was the target of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 66.7% from the February 28th total of 300 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 0.3 days.

Orica Price Performance

Shares of OTCMKTS:OCLDY remained flat at $11.53 during midday trading on Friday. The company had a trading volume of 21 shares, compared to its average volume of 933. The company has a fifty day simple moving average of $10.67 and a two-hundred day simple moving average of $11.12. Orica has a fifty-two week low of $9.25 and a fifty-two week high of $13.40.

About Orica

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.