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

Heritage Media Corp. (OTCMKTS:OLVIGet Free Report) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 952 shares, a decrease of 88.0% from the August 15th total of 7,944 shares. Based on an average daily volume of 25,226 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Heritage Media Trading Down 2.8%

Shares of Heritage Media stock opened at $0.24 on Friday. The company has a market capitalization of $152.85 million, a PE ratio of -4.76 and a beta of -1.98. The stock’s fifty day simple moving average is $0.26 and its 200 day simple moving average is $0.27. Heritage Media has a 12 month low of $0.16 and a 12 month high of $0.76.

Heritage Media (OTCMKTS:OLVIGet Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $13.01 million during 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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