Heritage Media Corp. (OTCMKTS:OLVI) Short Interest Update

Heritage Media Corp. (OTCMKTS:OLVI) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 4,494 shares, an increase of 57.9% from the December 15th total of 2,847 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 31,234 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 31,234 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Heritage Media Trading Up 9.0%

OLVI traded up $0.02 during midday trading on Friday, hitting $0.24. 4,952 shares of the company traded hands, compared to its average volume of 13,546. The business has a 50 day simple moving average of $0.23 and a two-hundred day simple moving average of $0.59. Heritage Media has a 52-week low of $0.16 and a 52-week high of $2.57. The company has a market capitalization of $154.71 million, a price-to-earnings ratio of -8.00 and a beta of -2.10.

Heritage Media (OTCMKTS:OLVI) last released its quarterly earnings results on Thursday, November 13th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $18.07 million for the quarter.

Heritage Media Company Profile

Heritage Media Corporation was formerly known as Lignin Industries Inc Heritage Media Corporation is based in Calgary, Canada.