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

by · The Markets Daily

Heritage Media Corp. (OTCMKTS:OLVI – Get Free Report) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 246 shares, a decrease of 95.1% from the September 30th total of 5,010 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 24,337 shares, the short-interest ratio is currently 0.0 days.

Heritage Media Stock Performance

Shares of OLVI traded down $0.03 during mid-day trading on Monday, reaching $0.18. 1,000 shares of the company were exchanged, compared to its average volume of 8,617. Heritage Media has a 52 week low of $0.16 and a 52 week high of $0.54. The stock has a market capitalization of $116.36 million, a PE ratio of -3.62 and a beta of -2.04. The business has a 50 day simple moving average of $0.22 and a two-hundred day simple moving average of $0.25.

Heritage Media (OTCMKTS:OLVI – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $13.01 million for 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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