oOh media Limited (OTCMKTS:OMLAF) Sees Large Decline in Short Interest

oOh media Limited (OTCMKTS:OMLAF) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 8,768 shares, a decline of 68.7% from the September 30th total of 28,035 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

oOh media Price Performance

OTCMKTS OMLAF opened at $1.10 on Friday. The company has a 50 day simple moving average of $1.10 and a 200-day simple moving average of $0.95. oOh media has a 52-week low of $0.65 and a 52-week high of $1.32.

oOh!media Limited is an Australian out-of-home media company that provides advertising solutions to brands and agencies. The company operates a portfolio of physical and digital advertising assets designed to reach audiences while they are commuting, shopping, working, studying or participating in leisure activities.

Its media formats include large-format roadside billboards, digital screens, street furniture, retail and shopping-centre displays, rail and transit advertising, airport media, and placements in office, education and other public environments.