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

Key Points

• Heritage Media Corp. experienced a 3,200% increase in short interest in September, rising from 200 shares to 6,600 shares as of September 30th.
• The stock is currently down 5.6%, trading at $0.53, with a market capitalization of $340.07 million and a 52-week price range between $0.51 and $4.79.
• Heritage Media Corp. has a negative P/E ratio of -5.28 and a beta of -2.00, indicating higher volatility compared to the market.

Heritage Media Corp. (OTCMKTS:OLVI - ) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 6,600 shares, a growth of 3,200.0% from the September 15th total of 200 shares. Based on an average daily trading volume, of 11,400 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 11,400 shares, the days-to-cover ratio is presently 0.6 days.

Heritage Media Stock Down 5.6%

Shares of OLVI traded down $0.03 during mid-day trading on Thursday, reaching $0.53. The company had a trading volume of 265 shares, compared to its average volume of 10,694. Heritage Media has a 52-week low of $0.51 and a 52-week high of $4.79. The stock has a market capitalization of $340.07 million, a P/E ratio of -5.28 and a beta of -2.00. The stock has a 50 day moving average of $0.74 and a two-hundred day moving average of $1.22.

Heritage Media Company Profile

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

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