Short Interest in Discovery Limited (OTCMKTS:DCYHF) Declines By 71.1%

Discovery Limited (OTCMKTS:DCYHFGet Free Report) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 5,373 shares, a drop of 71.1% from the July 15th total of 18,617 shares. Based on an average trading volume of 33 shares, the days-to-cover ratio is currently 162.8 days.

Discovery Stock Performance

Shares of DCYHF opened at $15.53 on Friday. The company has a 50-day moving average of $10.84 and a two-hundred day moving average of $9.77. Discovery has a 12-month low of $9.20 and a 12-month high of $15.53.

About Discovery

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Discovery, Inc is a global media company specializing in factual television content and lifestyle entertainment. The company operates a diverse portfolio of television networks, digital platforms and streaming services designed to educate and entertain audiences worldwide. Its flagship brand, Discovery Channel, is complemented by Animal Planet, Science Channel, TLC, and a range of international networks that focus on genres such as nature, adventure, science, history and reality programming.

In addition to its traditional linear broadcasting operations, Discovery offers a direct-to-consumer streaming service that aggregates on-demand content from across its brands.

Further Reading

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