oOh media Limited (OTCMKTS:OMLAF) Sees Significant Drop in Short Interest

oOh media Limited (OTCMKTS:OMLAF) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 11,027 shares, a decrease of 31.7% from the January 29th total of 16,144 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

oOh media Stock Performance

Shares of OMLAF stock opened at $0.78 on Friday. The stock’s 50-day moving average price is $0.85 and its 200 day moving average price is $0.94. oOh media has a 52-week low of $0.78 and a 52-week high of $1.32.

oOh!media is a leading out-of-home (OOH) advertising company that operates a broad network of static and digital advertising displays across Australia and New Zealand. The company’s media assets span large-format billboards, street furniture, transit shelters, airport terminals and Place-Based environments such as retail centres, office buildings and universities.

Founded in 1989 and headquartered in Sydney, oOh!media has grown from a single market presence into a nationwide operator with coverage in all major Australian cities—including Sydney, Melbourne, Brisbane, Perth and Adelaide—as well as key metropolitan areas in New Zealand such as Auckland and Wellington.