Short Interest in WildBrain Ltd. (OTCMKTS:WLDBF) Decreases By 30.6%

WildBrain Ltd. (OTCMKTS:WLDBF) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 40,575 shares, a decrease of 30.6% from the November 30th total of 58,468 shares. Based on an average daily volume of 263,357 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 263,357 shares, the days-to-cover ratio is presently 0.2 days.

WildBrain Price Performance

Shares of OTCMKTS:WLDBF opened at $1.35 on Monday. The business’s 50 day simple moving average is $1.06 and its 200 day simple moving average is $1.30. WildBrain has a 1 year low of $0.82 and a 1 year high of $1.65.

Wall Street Analysts Forecast Growth

Separately, National Bankshares reaffirmed a “sector perform” rating on shares of WildBrain in a research report on Monday, September 29th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, WildBrain currently has an average rating of “Hold”.

WildBrain Company Profile

WildBrain Inc, formerly known as DHX Media, is a global media, brand management and entertainment company focused on children’s content and family programming. Headquartered in Vancouver, Canada, WildBrain develops, produces and distributes a library of more than 20,000 half-hours of content, spanning classic animated series, live-action programming and original digital-first productions. The company rebranded to WildBrain in 2019 to align its production, distribution and consumer products divisions under a unified identity.

WildBrain’s core business activities include content creation, distribution, brand licensing and digital monetization.