Heritage Media Corp. (OTCMKTS:OLVI) Stock Short Interest Declines 72.9%

Heritage Media Corp. (OTCMKTS:OLVI – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 5,010 shares, a drop of 72.9% from the September 15th total of 18,495 shares. Based on an average daily volume of 11,157 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are sold short.

Heritage Media Price Performance

OLVI stock traded down $0.01 during midday trading on Tuesday, reaching $0.21. 2,211 shares of the company were exchanged, compared to its average volume of 24,204. Heritage Media has a one year low of $0.16 and a one year high of $0.59. The firm has a market capitalization of $134.93 million, a price-to-earnings ratio of -4.20 and a beta of -2.04. The business has a 50-day moving average price of $0.23 and a two-hundred day moving average price of $0.26.

Heritage Media (OTCMKTS:OLVI – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.01) earnings per share for the quarter. The firm 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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