WildBrain Ltd. (OTCMKTS:WLDBF – Get Free Report) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 303,200 shares, a drop of 44.0% from the August 31st total of 541,700 shares. Based on an average daily trading volume, of 151,500 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily trading volume, of 151,500 shares, the days-to-cover ratio is currently 2.0 days.
WildBrain Trading Down 4.5%
WildBrain stock opened at $1.27 on Monday. WildBrain has a 12-month low of $0.66 and a 12-month high of $1.65. The business’s 50-day moving average price is $1.41 and its two-hundred day moving average price is $1.39.
Analyst Upgrades and Downgrades
Separately, National Bankshares reaffirmed a “sector perform” rating on shares of WildBrain in a research note on Monday, September 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.
About WildBrain
WildBrain Ltd. develops, produces, and distributes films and television programs in Canada, the United States, the United Kingdom, and internationally. The company operates through two segments, Content and Canadian Television Broadcasting. It focuses on children's and family content, including animated series; provides content production and distribution services; and operates children's ad-supported video-on-demand (AVOD) channels on YouTube and other AVOD platforms.
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