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

Heritage Media Corp. (OTCMKTS:OLVI) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 952 shares, a decline of 88.0% from the August 15th total of 7,944 shares. Based on an average daily trading volume, of 25,226 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Heritage Media Trading Down 2.8%

Shares of OLVI stock traded down $0.01 on Thursday, reaching $0.24. 4,745 shares of the stock were exchanged, compared to its average volume of 17,773. The firm has a 50 day moving average of $0.26 and a two-hundred day moving average of $0.26. Heritage Media has a 1-year low of $0.16 and a 1-year high of $0.76.

Heritage Media (OTCMKTS:OLVI) last issued its earnings results on Thursday, August 13th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $13.01 million during the quarter.

About Heritage Media

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