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

Heritage Media Corp. (OTCMKTS:OLVI – Get Free Report) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 18,495 shares, an increase of 1,842.8% from the August 31st total of 952 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 19,493 shares, the days-to-cover ratio is presently 0.9 days.

Heritage Media Stock Performance

OTCMKTS OLVI opened at $0.22 on Friday. Heritage Media has a twelve month low of $0.16 and a twelve month high of $0.70. The stock has a market capitalization of $138.78 million, a PE ratio of -4.32 and a beta of -1.98. The stock has a 50-day simple moving average of $0.24 and a 200 day simple moving average of $0.26.

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