Heritage Media Corp. (OTCMKTS:OLVI) Sees Large Growth in Short Interest

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

Heritage Media Price Performance

OTCMKTS OLVI traded up $0.02 during trading hours on Thursday, hitting $0.25. The company’s stock had a trading volume of 20,051 shares, compared to its average volume of 14,204. Heritage Media has a 12 month low of $0.16 and a 12 month high of $2.57. The company’s 50 day simple moving average is $0.22 and its two-hundred day simple moving average is $0.47. The company has a market cap of $161.16 million, a P/E ratio of -8.33 and a beta of -2.13.

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

Heritage Media Company Profile

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