Oliveda International, Inc. (OTCMKTS:OLVI) Sees Significant Drop in Short Interest

Oliveda International, Inc. (OTCMKTS:OLVI - Get Free Report) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 4,600 shares, a decrease of 47.1% from the February 28th total of 8,700 shares. Based on an average daily trading volume, of 22,500 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company's shares are short sold.

Oliveda International Stock Performance

Oliveda International stock traded up $0.01 during trading hours on Tuesday, reaching $1.28. 3,086 shares of the company's stock were exchanged, compared to its average volume of 10,105. The firm's 50 day simple moving average is $1.38 and its 200 day simple moving average is $2.75. Oliveda International has a twelve month low of $1.01 and a twelve month high of $15.29.

Oliveda International (OTCMKTS:OLVI - Get Free Report) last issued its earnings results on Friday, March 28th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $32.51 million during the quarter.

About Oliveda International

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