Short Interest in Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF) Rises By 7,200.0%

Omni-Lite Industries Canada Inc. (OTCMKTS:OLNCF) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 21,900 shares, a growth of 7,200.0% from the November 15th total of 300 shares. Based on an average daily trading volume, of 39,500 shares, the days-to-cover ratio is presently 0.6 days.

Omni-Lite Industries Canada Stock Performance

OTCMKTS OLNCF remained flat at $1.04 on Friday. Omni-Lite Industries Canada has a one year low of $0.44 and a one year high of $1.31. The business’s fifty day simple moving average is $1.06 and its two-hundred day simple moving average is $0.96. The company has a market cap of $16.12 million, a price-to-earnings ratio of 14.88 and a beta of 0.37.

About Omni-Lite Industries Canada

Omni-Lite Industries Canada Inc operates as a designer and manufacturer of precision components in the United States and Canada. It offers forged, electronic, and investment casting components for aerospace, military, specialty, automotive, sports, and recreational industries. The company was incorporated in 1992 and is headquartered in Cerritos, California.