Short Interest in oOh media Limited (OTCMKTS:OMLAF) Declines By 81.3%

oOh media Limited (OTCMKTS:OMLAF) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 17,999 shares, a decrease of 81.3% from the February 26th total of 96,390 shares. Based on an average daily volume of 1 shares, the short-interest ratio is currently 17,999.0 days.

oOh media Stock Performance

Shares of OTCMKTS:OMLAF opened at $0.78 on Thursday. The firm’s 50 day moving average is $0.82 and its two-hundred day moving average is $0.90. oOh media has a 52 week low of $0.78 and a 52 week high of $1.32.

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.