Short Interest in Heritage Media Corp. (OTCMKTS:OLVI) Expands By 938.3%

Heritage Media Corp. (OTCMKTS:OLVI) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 3,738 shares, an increase of 938.3% from the January 15th total of 360 shares. Based on an average daily volume of 38,210 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 38,210 shares, the short-interest ratio is presently 0.1 days.

Heritage Media Price Performance

Heritage Media stock traded up $0.00 during mid-day trading on Tuesday, reaching $0.23. 1,010 shares of the company traded hands, compared to its average volume of 13,632. Heritage Media has a fifty-two week low of $0.16 and a fifty-two week high of $2.57. The firm’s fifty day moving average is $0.22 and its two-hundred day moving average is $0.47. The company has a market capitalization of $151.10 million, a price-to-earnings ratio of -7.81 and a beta of -2.13.

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