WildBrain Ltd. (OTCMKTS:WLDBF) Sees Significant Decrease in Short Interest

WildBrain Ltd. (OTCMKTS:WLDBF) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 303,200 shares, a drop of 44.0% from the August 31st total of 541,700 shares. Based on an average daily volume of 151,500 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 151,500 shares, the days-to-cover ratio is presently 2.0 days.

Wall Street Analysts Forecast Growth

Separately, National Bankshares restated a “sector perform” rating on shares of WildBrain in a research note on Monday. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, WildBrain presently has a consensus rating of “Hold”.

WildBrain Price Performance

Shares of OTCMKTS WLDBF opened at $1.27 on Friday. WildBrain has a 1 year low of $0.66 and a 1 year high of $1.65. The firm has a 50-day simple moving average of $1.41 and a two-hundred day simple moving average of $1.39.

WildBrain Company Profile

WildBrain Ltd. develops, produces, and distributes films and television programs in Canada, the United States, the United Kingdom, and internationally. The company operates through two segments, Content and Canadian Television Broadcasting. It focuses on children's and family content, including animated series; provides content production and distribution services; and operates children's ad-supported video-on-demand (AVOD) channels on YouTube and other AVOD platforms.