Orora Limited (OTCMKTS:ORRAF) Sees Significant Increase in Short Interest

Orora Limited (OTCMKTS:ORRAF) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 531,100 shares, an increase of 39.3% from the November 15th total of 381,400 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Orora Price Performance

Shares of OTCMKTS:ORRAF remained flat at $1.65 during midday trading on Friday. The business has a 50-day moving average price of $1.65 and a two-hundred day moving average price of $1.44. Orora has a 12-month low of $1.65 and a 12-month high of $1.65.

Orora Company Profile

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.