Heritage Media Corp. (OTCMKTS:OLVI – Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 8,080 shares, a decrease of 18.7% from the March 15th total of 9,944 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 81,652 shares, the days-to-cover ratio is presently 0.1 days.
Heritage Media Trading Down 19.2%
OLVI traded down $0.05 on Friday, reaching $0.20. The stock had a trading volume of 4,500 shares, compared to its average volume of 24,794. Heritage Media has a fifty-two week low of $0.16 and a fifty-two week high of $2.57. The firm has a 50-day moving average of $0.25 and a 200-day moving average of $0.29. The company has a market capitalization of $128.77 million, a price-to-earnings ratio of -5.00 and a beta of -1.85.
Heritage Media (OTCMKTS:OLVI – Get Free Report) last issued its earnings results on Monday, March 16th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $22.37 million during the quarter.
About Heritage Media
Heritage Media Corporation was formerly known as Lignin Industries Inc Heritage Media Corporation is based in Calgary, Canada.
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