Short Interest in Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF) Declines By 51.1%

Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 10,700 shares, a decrease of 51.1% from the November 30th total of 21,900 shares. Based on an average trading volume of 28,700 shares, the short-interest ratio is presently 0.4 days.

Omni-Lite Industries Canada Price Performance

OLNCF traded up $0.05 during midday trading on Friday, reaching $1.04. 3,600 shares of the company’s stock were exchanged, compared to its average volume of 12,165. The business’s 50-day moving average price is $1.02 and its 200 day moving average price is $0.97. The stock has a market capitalization of $16.10 million, a PE ratio of 14.86 and a beta of 0.37. Omni-Lite Industries Canada has a 1-year low of $0.44 and a 1-year high of $1.31.

Omni-Lite Industries Canada Company Profile

Omni-Lite Industries Canada Inc operates as a designer and manufacturer of precision components in the United States and Canada. It offers forged, electronic, and investment casting components for aerospace, military, specialty, automotive, sports, and recreational industries. The company was incorporated in 1992 and is headquartered in Cerritos, California.