Short Interest in oOh media Limited (OTCMKTS:OMLAF) Rises By 882.2%

oOh media Limited (OTCMKTS:OMLAF) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 173,605 shares, an increase of 882.2% from the April 15th total of 17,676 shares. Based on an average trading volume of 50,636 shares, the days-to-cover ratio is presently 3.4 days.

oOh media Price Performance

OMLAF remained flat at $1.00 on Tuesday. 5,000 shares of the company’s stock traded hands, compared to its average volume of 68,320. oOh media has a 52 week low of $0.65 and a 52 week high of $1.32. The firm’s fifty day simple moving average is $0.79 and its 200-day simple moving average is $0.84.

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.