WildBrain Ltd. (OTCMKTS:WLDBF) Short Interest Up 31.9% in April

WildBrain Ltd. (OTCMKTS:WLDBFGet Rating) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 203,200 shares, an increase of 31.9% from the April 15th total of 154,100 shares. Based on an average daily volume of 96,700 shares, the short-interest ratio is presently 2.1 days.

Shares of OTCMKTS WLDBF opened at $2.11 on Monday. WildBrain has a 1 year low of $1.76 and a 1 year high of $3.34. The firm has a 50-day moving average of $2.50 and a 200 day moving average of $2.55.

WLDBF has been the subject of several research analyst reports. Scotiabank dropped their target price on shares of WildBrain from C$4.60 to C$4.40 in a research report on Thursday, February 10th. Canaccord Genuity Group dropped their target price on shares of WildBrain from C$3.90 to C$3.50 and set a “buy” rating for the company in a research report on Tuesday, May 10th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $4.00.

About WildBrain (Get Rating)

WildBrain Ltd. develops, produces, and distributes films and television programs worldwide. The company operates through two segments, Content Business and Canadian Television Broadcasting. It focuses on children and family content, including animated series; and provides production services, as well as operates children's channels on YouTube.

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