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

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

Heritage Media Stock Performance

Shares of Heritage Media stock traded down $0.03 on Monday, hitting $0.18. The stock had a trading volume of 1,000 shares, compared to its average volume of 8,617. The stock has a 50 day moving average of $0.22 and a 200 day moving average of $0.25. Heritage Media has a twelve month low of $0.16 and a twelve month high of $0.54. The firm has a market capitalization of $116.36 million, a P/E ratio of -3.62 and a beta of -2.04.

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

Heritage Media Company Profile

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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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