Heritage Media Corp. (OTCMKTS:OLVI) Shares Shorted: Short Interest Down 95.1% in October

Heritage Media Corp. (OTCMKTS:OLVI – Get Free Report) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 246 shares, a drop of 95.1% from the September 30th total of 5,010 shares. Based on an average daily trading volume, of 24,337 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Heritage Media Price Performance

OTCMKTS OLVI remained flat at $0.20 on Wednesday. 1,088 shares of the company’s stock traded hands, compared to its average volume of 8,617. Heritage Media has a twelve month low of $0.16 and a twelve month high of $0.54. The stock’s fifty day moving average price is $0.22 and its 200-day moving average price is $0.25. The firm has a market cap of $131.52 million, a price-to-earnings ratio of -4.09 and a beta of -2.04.

Heritage Media (OTCMKTS:OLVI – Get Free Report) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $13.01 million for the quarter.

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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