Heritage Media Corp. (OTCMKTS:OLVI) Short Interest Up 137.2% in June

Heritage Media Corp. (OTCMKTS:OLVIGet Free Report) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 38,246 shares, an increase of 137.2% from the May 31st total of 16,121 shares. Based on an average daily volume of 91,853 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Heritage Media Stock Performance

Shares of OTCMKTS:OLVI traded down $0.01 during midday trading on Monday, hitting $0.40. The company’s stock had a trading volume of 3,644 shares, compared to its average volume of 28,468. The stock’s 50 day simple moving average is $0.27 and its 200 day simple moving average is $0.25. The stock has a market capitalization of $254.09 million, a price-to-earnings ratio of -9.88 and a beta of -2.03. Heritage Media has a fifty-two week low of $0.16 and a fifty-two week high of $1.38.

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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