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

Heritage Media Corp. (OTCMKTS:OLVIGet Free Report) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 360 shares, a decline of 92.0% from the December 31st total of 4,494 shares. Based on an average trading volume of 21,707 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 21,707 shares, the short-interest ratio is currently 0.0 days.

Heritage Media Stock Up 16.8%

OTCMKTS:OLVI opened at $0.25 on Wednesday. The firm has a market capitalization of $161.16 million, a PE ratio of -8.33 and a beta of -2.10. Heritage Media has a 12-month low of $0.16 and a 12-month high of $2.57. The firm has a 50-day moving average price of $0.23 and a 200 day moving average price of $0.53.

Heritage Media (OTCMKTS:OLVIGet Free Report) last issued its earnings results on Thursday, November 13th. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $18.07 million during the quarter.

About Heritage Media

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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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