WildBrain Ltd. (OTCMKTS:WLDBF – Get Rating) was the target of a significant growth in short interest in December. As of December 30th, there was short interest totalling 86,600 shares, a growth of 45.1% from the December 15th total of 59,700 shares. Based on an average trading volume of 39,100 shares, the days-to-cover ratio is presently 2.2 days.
WildBrain Stock Down 8.0 %
Shares of OTCMKTS:WLDBF opened at $2.03 on Thursday. WildBrain has a 1 year low of $1.36 and a 1 year high of $2.95. The stock’s fifty day moving average price is $2.03 and its 200-day moving average price is $1.89.
Analyst Ratings Changes
Separately, BMO Capital Markets dropped their target price on WildBrain from C$3.50 to C$3.00 in a report on Friday, November 11th.
About WildBrain
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's and family content, including animated series; and provides production services, as well as operates children's ad-supported video-on-demand (AVOD) channels on YouTube and other AVOD platforms.
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