Short Interest in Heritage Media Corp. (OTCMKTS:OLVI) Expands By 91.3%

Heritage Media Corp. (OTCMKTS:OLVIGet Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 16,121 shares, a growth of 91.3% from the May 14th total of 8,427 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 76,406 shares, the days-to-cover ratio is presently 0.2 days.

Heritage Media Price Performance

Shares of OLVI opened at $0.43 on Friday. The business’s 50 day simple moving average is $0.24 and its 200-day simple moving average is $0.24. Heritage Media has a 1 year low of $0.16 and a 1 year high of $2.10. The stock has a market capitalization of $276.18 million, a price-to-earnings ratio of -10.75 and a beta of -2.03.

Heritage Media (OTCMKTS:OLVIGet Free Report) last released its quarterly earnings data on Monday, March 16th. The company reported ($0.05) EPS for the quarter. The business had revenue of $22.37 million for the quarter.

About Heritage Media

(Get Free Report)

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

Recommended Stories

Receive News & Ratings for Heritage Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage Media and related companies with MarketBeat.com's FREE daily email newsletter.