IDW Media Holdings, Inc. (OTCMKTS:IDWM) Sees Large Drop in Short Interest

IDW Media Holdings, Inc. (OTCMKTS:IDWM) saw a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 6,000 shares, a drop of 9.1% from the March 15th total of 6,600 shares. Based on an average daily volume of 4,200 shares, the days-to-cover ratio is currently 1.4 days.

IDW Media Trading Up 11.5 %

Shares of IDWM traded up $0.04 during mid-day trading on Tuesday, reaching $0.44. The company had a trading volume of 10,419 shares, compared to its average volume of 5,702. The stock has a market cap of $7.23 million, a price-to-earnings ratio of -1.18 and a beta of 0.49. The firm has a fifty day simple moving average of $0.42 and a 200-day simple moving average of $0.46. IDW Media has a fifty-two week low of $0.30 and a fifty-two week high of $1.00.

IDW Media (OTCMKTS:IDWM) last posted its earnings results on Monday, January 29th. The company reported $0.04 earnings per share for the quarter. The business had revenue of $8.37 million for the quarter. IDW Media had a negative net margin of 12.15% and a negative return on equity of 17.74%.

IDW Media Company Profile

IDW Media Holdings, Inc, a diversified media company, engages in the publishing and television entertainment businesses worldwide. It operates through IDW Publishing and IDW Entertainment segments. The IDW Publishing segment publishes comic books, graphic novels, and digital content through its imprints IDW, Top Shelf Productions, and Artist's Editions.