Heritage Media Corp. (OTCMKTS:OLVI) Short Interest Up 146.5% in April

Heritage Media Corp. (OTCMKTS:OLVIGet Free Report) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 8,425 shares, a growth of 146.5% from the April 15th total of 3,418 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 83,660 shares, the days-to-cover ratio is presently 0.1 days.

Heritage Media Price Performance

Shares of OTCMKTS:OLVI remained flat at $0.21 during midday trading on Friday. 1 shares of the stock were exchanged, compared to its average volume of 29,838. The business has a 50-day moving average of $0.24 and a 200 day moving average of $0.24. The stock has a market capitalization of $134.86 million, a price-to-earnings ratio of -5.25 and a beta of -1.94. Heritage Media has a 12-month low of $0.16 and a 12-month high of $2.50.

Heritage Media (OTCMKTS:OLVIGet Free Report) last released its earnings results on Monday, March 16th. The company reported ($0.05) earnings per share for the quarter. The firm had revenue of $22.37 million for 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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