Heritage Media Corp. (OTCMKTS:OLVI) Short Interest Update

Key Points

• Heritage Media Corp. (OTCMKTS: OLVI) experienced a significant increase in short interest, rising 158.8% from June to July, totaling 4,400 shares.
• The company's stock price opened at $0.97, with a one-year range of $0.85 to $5.75.
• Heritage Media has a market cap of $623.46 million and a negative PE ratio of -9.70.

Heritage Media Corp. (OTCMKTS:OLVI - ) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 4,400 shares, anincreaseof158.8% from the June 30th total of 1,700 shares. Based on an average trading volume of 27,400 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 27,400 shares, the short-interest ratio is currently 0.2 days.

Heritage Media Trading Up 9.0%

OTCMKTS OLVI opened at $0.97 on Monday. Heritage Media has a 1-year low of $0.85 and a 1-year high of $5.75. The stock has a 50-day moving average of $1.45 and a 200-day moving average of $1.46. The firm has a market cap of $623.46 million, a PE ratio of -9.70 and a beta of -1.84.

About Heritage Media

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.