Short Interest in Heritage Media Corp. (OTCMKTS:OLVI) Declines By 57.7%

Heritage Media Corp. (OTCMKTS:OLVI) was the target of a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 3,418 shares, a decline of 57.7% from the March 31st total of 8,080 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 48,935 shares, the short-interest ratio is currently 0.1 days.

Heritage Media Stock Performance

Shares of OLVI stock opened at $0.21 on Tuesday. The firm has a market cap of $135.14 million, a price-to-earnings ratio of -5.25 and a beta of -1.85. Heritage Media has a 52 week low of $0.16 and a 52 week high of $2.57. The firm’s 50-day simple moving average is $0.25 and its two-hundred day simple moving average is $0.27.

Heritage Media (OTCMKTS:OLVI) last announced its quarterly earnings data on Monday, March 16th. The company reported ($0.05) EPS for the quarter. The business had revenue of $22.37 million for the quarter.

Heritage Media Company Profile

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