Short Interest in Heritage Media Corp. (OTCMKTS:OLVI) Drops By 84.9%

Heritage Media Corp. (OTCMKTS:OLVIGet Free Report) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 4,207 shares, a drop of 84.9% from the June 30th total of 27,818 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 46,411 shares, the days-to-cover ratio is presently 0.1 days.

Heritage Media Stock Up 31.5%

OLVI stock traded up $0.06 during midday trading on Monday, hitting $0.25. The company’s stock had a trading volume of 40,684 shares, compared to its average volume of 27,474. The stock’s 50-day moving average price is $0.31 and its 200 day moving average price is $0.26. Heritage Media has a 1 year low of $0.16 and a 1 year high of $1.20. The stock has a market cap of $160.47 million, a price-to-earnings ratio of -6.25 and a beta of -2.08.

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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