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

oOh media Limited (OTCMKTS:OMLAF – Get Free Report) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 173,605 shares, a growth of 882.2% from the April 15th total of 17,676 shares. Based on an average daily volume of 50,636 shares, the short-interest ratio is currently 3.4 days.

oOh media Stock Performance

Shares of OTCMKTS:OMLAF opened at $1.00 on Thursday. The firm’s 50 day moving average price is $0.80 and its 200-day moving average price is $0.85. oOh media has a twelve month low of $0.65 and a twelve month high of $1.32.

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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.

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