Short Interest in Heritage Media Corp. (OTCMKTS:OLVI) Grows By 68.3%

Heritage Media Corp. (OTCMKTS:OLVIGet Free Report) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 7,079 shares, an increase of 68.3% from the July 15th total of 4,207 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 33,133 shares, the short-interest ratio is currently 0.2 days.

Heritage Media Price Performance

OTCMKTS:OLVI traded down $0.02 during mid-day trading on Monday, reaching $0.18. 21,781 shares of the company’s stock traded hands, compared to its average volume of 26,943. Heritage Media has a 12-month low of $0.16 and a 12-month high of $1.00. The firm has a market capitalization of $115.63 million, a price-to-earnings ratio of -4.50 and a beta of -2.02. The company has a 50 day moving average price of $0.31 and a 200-day moving average price of $0.27.

Heritage Media (OTCMKTS:OLVIGet Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.01) earnings per share 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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