Short Interest in Heritage Media Corp. (OTCMKTS:OLVI) Drops By 33.2%

Heritage Media Corp. (OTCMKTS:OLVI) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 3,558 shares, a decline of 33.2% from the February 12th total of 5,324 shares. Based on an average daily volume of 38,330 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 38,330 shares, the days-to-cover ratio is presently 0.1 days.

Heritage Media Stock Up 44.6%

Heritage Media stock traded up $0.12 during midday trading on Friday, reaching $0.40. 165,362 shares of the stock traded hands, compared to its average volume of 13,521. The stock has a market cap of $257.96 million, a P/E ratio of -13.33 and a beta of -2.30. The stock’s fifty day moving average is $0.24 and its 200-day moving average is $0.37. Heritage Media has a 12 month low of $0.16 and a 12 month high of $2.57.

Heritage Media Company Profile

Heritage Media Corporation was formerly known as Lignin Industries Inc Heritage Media Corporation is based in Calgary, Canada.