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

Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 4,400 shares, a decrease of 51.1% from the January 15th total of 9,000 shares. Based on an average trading volume of 7,000 shares, the days-to-cover ratio is presently 0.6 days.

Omni-Lite Industries Canada Stock Performance

Shares of OLNCF stock remained flat at $0.85 during trading hours on Thursday. The firm has a market cap of $13.17 million, a PE ratio of 12.16 and a beta of 0.38. Omni-Lite Industries Canada has a 12-month low of $0.46 and a 12-month high of $1.31. The firm has a 50-day moving average of $0.94 and a 200 day moving average of $0.98.

About Omni-Lite Industries Canada

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.