Heritage Media Corp. (OTCMKTS:OLVI) Sees Significant Decrease in Short Interest

Heritage Media Corp. (OTCMKTS:OLVI – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 5,010 shares, a decrease of 72.9% from the September 15th total of 18,495 shares. Based on an average daily trading volume, of 11,157 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Heritage Media Price Performance

Shares of OTCMKTS OLVI opened at $0.22 on Monday. The company has a 50 day simple moving average of $0.23 and a 200-day simple moving average of $0.26. The company has a market capitalization of $141.35 million, a P/E ratio of -4.40 and a beta of -2.04. Heritage Media has a 1 year low of $0.16 and a 1 year high of $0.59.

Heritage Media (OTCMKTS:OLVI – Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $13.01 million for the quarter.

Heritage Media Company Profile

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Heritage Media Corporation was formerly known as Lignin Industries Inc Heritage Media Corporation is based in Calgary, Canada.

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