Discovery Limited (OTCMKTS:DCYHF) Sees Significant Decrease in Short Interest

Discovery Limited (OTCMKTS:DCYHFGet Free Report) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 5,373 shares, a decline of 71.1% from the July 15th total of 18,617 shares. Based on an average daily trading volume, of 33 shares, the short-interest ratio is presently 162.8 days.

Discovery Stock Performance

Shares of OTCMKTS DCYHF remained flat at $15.53 during mid-day trading on Friday. The firm has a 50-day simple moving average of $10.72 and a 200 day simple moving average of $9.73. Discovery has a 12-month low of $9.20 and a 12-month high of $15.53.

About Discovery

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Discovery, Inc is a global media company specializing in factual television content and lifestyle entertainment. The company operates a diverse portfolio of television networks, digital platforms and streaming services designed to educate and entertain audiences worldwide. Its flagship brand, Discovery Channel, is complemented by Animal Planet, Science Channel, TLC, and a range of international networks that focus on genres such as nature, adventure, science, history and reality programming.

In addition to its traditional linear broadcasting operations, Discovery offers a direct-to-consumer streaming service that aggregates on-demand content from across its brands.

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