Short Interest in WildBrain Ltd. (OTCMKTS:WLDBF) Decreases By 19.8%

WildBrain Ltd. (OTCMKTS:WLDBF – Get Rating) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totalling 83,200 shares, a decrease of 19.8% from the April 15th total of 103,700 shares. Based on an average daily trading volume, of 46,000 shares, the short-interest ratio is presently 1.8 days.

WildBrain Stock Up 0.7 %

OTCMKTS:WLDBF opened at $1.42 on Friday. WildBrain has a fifty-two week low of $1.27 and a fifty-two week high of $2.30. The firm’s 50 day moving average is $1.61 and its two-hundred day moving average is $1.84.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. National Bank Financial reduced their price objective on shares of WildBrain from C$3.50 to C$3.00 in a research note on Thursday, February 9th. BMO Capital Markets reduced their target price on WildBrain from C$3.00 to C$2.50 in a research report on Thursday.

WildBrain Company Profile

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WildBrain Ltd. engages in the production and distribution of content, television, and consumer products representation. It operates through the following segments: Content Business, Television, and Consumer Products Represented. The Consumer Products Represented segment includes representation of internal and third-party brands.