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

Orora Limited (OTCMKTS:ORRAF) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 2,910,100 shares, a growth of 305.9% from the January 31st total of 716,900 shares. Based on an average trading volume of 10,600 shares, the short-interest ratio is currently 274.5 days.

Orora Stock Performance

Shares of Orora stock remained flat at $1.41 on Friday. The firm has a 50-day moving average of $1.52 and a 200 day moving average of $1.51. Orora has a 12 month low of $1.41 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.