On Apr 8, 2019 ORKLA BORREGAARD NEW B ORDINARY SHARES (OTCMKTS:ORKLF) Sellers Rose Their Shorts By 4.85%

Orkla ASA (OTCMKTS:ORKLF) Corporate Logo

ORKLA BORREGAARD NEW B ORDINARY SHARES (OTCMKTS:ORKLF) noted an increase of 4.85% in shares shorted. In April was issued ORKLF’s total 339,500 shares shorted by FINRA. That’s 4.85% up from 323,800 shares. 103 days will cost ORKLF with 3,300 average volume to restore its previous position.

The stock increased 0.77% or $0.06 during the last trading session, touching $7.82.Orkla ASA has volume of 425 shares. Since April 8, 2018 ORKLF has 0.00% and is . ORKLF underperformed the S&P500 by 4.37%.

Orkla ASA operates primarily in the branded consumer goods, renewable energy, real estate, aluminum solutions, and financial investment businesses.The company has $7.83 billion market cap. The firm produces and sells a range of branded consumer goods and concept solutions primarily to grocery, out-of-home, and bakery sectors in the Nordic region, Baltics, the Czech Republic, Slovakia, Austria, and India.The P/E ratio is 18.14. It offers detergents and personal care products, hygiene and cleaning solutions, painting tools, dietary supplements, and health products, as well as basic textiles; snacks and confectionery products, and biscuits; and food ingredients, such as margarine and butter blends, yeast, bread and cake improvers and mixes, marzipan, and ice cream ingredients.

Another two news for Orkla ASA (OTCMKTS:ORKLF) were briefly released by: Seekingalpha.com on August 06, 2018 with title “Buy This Leading Nordic Consumer Goods Company – Seeking Alpha”. The other Seekingalpha.com‘s article was titled “Orkla ASA ADR 2017 Q4 – Results – Earnings Call Slides – Seeking Alpha” and released on February 08, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.