Short Interest in Orora Limited (OTCMKTS:ORRAF) Declines By 53.0%

Orora Limited (OTCMKTS:ORRAF) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 379,800 shares, a drop of 53.0% from the August 15th total of 808,400 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Orora Stock Performance

ORRAF stock remained flat at $1.30 during trading hours on Friday. Orora has a 1-year low of $1.27 and a 1-year high of $2.38. The company’s fifty day moving average is $1.30 and its 200-day moving average is $1.43.

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.