Heritage Media Corp. (OTCMKTS:OLVI – Get Free Report) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 16,121 shares, a growth of 91.3% from the May 14th total of 8,427 shares. Based on an average daily trading volume, of 76,406 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.
Heritage Media Stock Down 9.5%
OTCMKTS OLVI opened at $0.43 on Friday. The firm has a market capitalization of $276.18 million, a price-to-earnings ratio of -10.75 and a beta of -2.03. The company has a fifty day moving average of $0.24 and a two-hundred day moving average of $0.24. Heritage Media has a 52 week low of $0.16 and a 52 week high of $2.10.
Heritage Media (OTCMKTS:OLVI – Get Free Report) last posted its quarterly earnings results on Monday, March 16th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $22.37 million for 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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