ORIX Co. (OTCMKTS:ORXCF) Short Interest Down 22.8% in October

ORIX Co. (OTCMKTS:ORXCF) was the target of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 590,800 shares, a drop of 22.8% from the October 15th total of 765,100 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is currently 155.5 days.

ORIX Price Performance

OTCMKTS:ORXCF remained flat at $21.75 on Friday. ORIX has a 12-month low of $16.92 and a 12-month high of $27.34. The firm’s fifty day simple moving average is $22.48 and its 200-day simple moving average is $22.09.

About ORIX

ORIX Corporation provides diversified financial services in Japan, the United States, Asia, Europe, Australasia, and the Middle East. The company's Corporate Financial Services and Maintenance Leasing segment is involved in the finance and fee; leasing and rental of automobiles, electronic measuring instruments, and ICT-related equipment businesses; and provision of life insurance and environment and energy-related products and services.