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

oOh media Limited (OTCMKTS:OMLAF) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 17,999 shares, a drop of 81.3% from the February 26th total of 96,390 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is presently 17,999.0 days. Based on an average daily trading volume, of 1 shares, the short-interest ratio is presently 17,999.0 days.

oOh media Price Performance

Shares of OMLAF stock remained flat at $0.78 during mid-day trading on Tuesday. oOh media has a 1-year low of $0.78 and a 1-year high of $1.32. The business’s fifty day moving average price is $0.82 and its 200-day moving average price is $0.90.

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.