Orion Oyj (OTCMKTS:ORINF) Sees Significant Growth in Short Interest

Orion Oyj (OTCMKTS:ORINFGet Free Report) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 623,300 shares, a growth of 24.9% from the February 13th total of 498,900 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is currently 2,077.7 days.

Orion Oyj Price Performance

Shares of OTCMKTS ORINF remained flat at $48.65 during trading hours on Tuesday. The business’s 50 day simple moving average is $48.65 and its 200-day simple moving average is $47.98. Orion Oyj has a twelve month low of $48.65 and a twelve month high of $48.65.

Orion Oyj Company Profile

(Get Free Report)

Orion Oyj develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients (APIs) in Finland, Scandinavia, rest of Europe, North America, and internationally. The company provides prescription drugs and self-care products, which includes Nubeqa for the treatment of prostate cancer; Precedex, Dexdor, and Precedex for human use; Burana for inflammatory pain; Divina series for menopausal symptoms; Trexan for rheumatoid arthritis and cancer; Stalevo, Entacapone, and Comtess/Comtan for Parkinson’s disease; Biosimilars for rheumatoid arthritis and inflammatory bowel diseases; and Simdax for acute decompensated heart failure, as well as Fareston for breast cancer.

Further Reading

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