Short Interest Update on Old Republic International Corporation (ORI)

Old Republic International Corporation (ORI) : The short interest in Old Republic International Corporation (ORI) has changed with an increase of 427,777 shares and the open interest is 12.2%. From 3,503,297 short positions on Jul 29, 2016, the shorts increased to 3,931,074 shares by August 15, 2016. There are 4 more days left for the expiry and the daily trading volume of the stock is 1,040,390 shares. The total interest of shorts is 1.6% of the shares available to the public. The short interest information was released on Wednesday Aug 24th after the market close.

Old Republic International Corporation (NYSE:ORI): The stock opened at $19.12 on Wednesday but the bulls could not build on the opening and the stock topped out at $19.12 for the day. The stock traded down to $19.00 during the day, due to lack of any buying support eventually closed down at $19.07 with a loss of -0.21% for the day. The stock had closed at $19.11 on the previous day. The total traded volume was 968,312 shares.


In a related news,The director of Old Republic International Corp, Steiner Arnold L sold 14,000 shares at $18.74 on May 6, 2016. The Insider selling transaction had a total value worth of $262,360. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through a number of regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group; Title Insurance Group, and the Republic Financial Indemnity Group (RFIG) Run-off Business. General Insurance segment is a commercial lines insurance business with a focus on liability insurance coverages. These coverages are provided to businesses, Government and other institutions. Title Insurance Groups business consists of the issuance of policies to real estate purchasers and investors based upon searches of the public records which contain information concerning interests in real property. RFIG run-off business consists of its mortgage guaranty and CCI operations.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *