Short Interest in Heritage Media Corp. (OTCMKTS:OLVI) Grows By 68.3%

Heritage Media Corp. (OTCMKTS:OLVIGet Free Report) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 7,079 shares, an increase of 68.3% from the July 15th total of 4,207 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 33,133 shares, the days-to-cover ratio is presently 0.2 days.

Heritage Media Price Performance

OTCMKTS:OLVI traded down $0.02 during mid-day trading on Monday, hitting $0.18. 21,781 shares of the company’s stock were exchanged, compared to its average volume of 26,943. Heritage Media has a one year low of $0.16 and a one year high of $1.00. The business has a fifty day moving average price of $0.31 and a 200 day moving average price of $0.27. The company has a market cap of $115.63 million, a PE ratio of -4.50 and a beta of -2.02.

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