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

Heritage Media Corp. (OTCMKTS:OLVIGet Free Report) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 4,207 shares, a decrease of 84.9% from the June 30th total of 27,818 shares. Based on an average daily trading volume, of 46,411 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Heritage Media Stock Performance

OTCMKTS OLVI traded down $0.07 on Friday, hitting $0.19. 82,749 shares of the stock were exchanged, compared to its average volume of 16,914. The stock has a fifty day moving average price of $0.31 and a two-hundred day moving average price of $0.26. The firm has a market capitalization of $122.06 million, a P/E ratio of -4.75 and a beta of -2.08. Heritage Media has a 52-week low of $0.16 and a 52-week high of $1.35.

Heritage Media Company Profile

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

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