Short Interest in Orora Limited (OTCMKTS:ORRAF) Rises By 305.9%

Orora Limited (OTCMKTS:ORRAF) was the recipient of a large growth in short interest during the month of 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 daily volume of 10,600 shares, the days-to-cover ratio is presently 274.5 days.

Orora Stock Performance

Orora stock opened at $1.41 on Friday. Orora has a 1 year low of $1.41 and a 1 year high of $1.65. The company’s 50-day moving average is $1.52 and its two-hundred day moving average is $1.51.

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.