Heritage Media Corp. (OTCMKTS:OLVI) Short Interest Up 68.3% in July

Heritage Media Corp. (OTCMKTS:OLVI) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 7,079 shares, a growth of 68.3% from the July 15th total of 4,207 shares. Based on an average daily volume of 33,133 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Heritage Media Stock Up 2.9%

Shares of OLVI opened at $0.20 on Wednesday. The business has a 50-day simple moving average of $0.31 and a two-hundred day simple moving average of $0.26. The stock has a market cap of $127.13 million, a price-to-earnings ratio of -3.96 and a beta of -2.02. Heritage Media has a 52 week low of $0.16 and a 52 week high of $1.00.

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

Heritage Media Company Profile

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