Heritage Media Corp. (OTCMKTS:OLVI – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 3,294 shares, a growth of 1,239.0% from the October 15th total of 246 shares. Based on an average daily volume of 7,937 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.
Heritage Media Stock Performance
OLVI remained flat at $0.20 on Wednesday. The company had a trading volume of 8,415 shares, compared to its average volume of 22,677. The firm has a 50 day simple moving average of $0.22 and a 200 day simple moving average of $0.25. Heritage Media has a 52 week low of $0.17 and a 52 week high of $0.54. The company has a market capitalization of $128.50 million, a price-to-earnings ratio of -4.00 and a beta of -1.77.
Heritage Media (OTCMKTS:OLVI – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $13.01 million during the quarter.
Heritage Media Company Profile
Heritage Media Corporation was formerly known as Lignin Industries Inc. Heritage Media Corporation is based in Calgary, Canada.
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