Heritage Media Corp. (OTCMKTS:OLVI) Sees Significant Growth in Short Interest

Heritage Media Corp. (OTCMKTS:OLVIGet Free Report) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 4,494 shares, an increase of 57.9% from the December 15th total of 2,847 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 31,234 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 31,234 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Heritage Media Trading Up 9.0%

Shares of OTCMKTS:OLVI opened at $0.24 on Friday. The company has a market capitalization of $154.71 million, a PE ratio of -8.00 and a beta of -2.10. Heritage Media has a 12-month low of $0.16 and a 12-month high of $2.57. The business’s fifty day simple moving average is $0.23 and its 200-day simple moving average is $0.58.

Heritage Media (OTCMKTS:OLVIGet Free Report) last issued its quarterly earnings data on Thursday, November 13th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $18.07 million for the quarter.

Heritage Media Company Profile

(Get Free Report)

Heritage Media Corporation was formerly known as Lignin Industries Inc Heritage Media Corporation is based in Calgary, Canada.

Featured Stories

Receive News & Ratings for Heritage Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage Media and related companies with MarketBeat.com's FREE daily email newsletter.