Corus Entertainment Inc. (OTCMKTS:CJREF) Sees Significant Increase in Short Interest

Corus Entertainment Inc. (OTCMKTS:CJREF) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,091,700 shares, an increase of 14.8% from the October 15th total of 1,822,300 shares. Based on an average daily trading volume, of 184,500 shares, the short-interest ratio is currently 11.3 days.

Corus Entertainment Stock Performance

Shares of OTCMKTS:CJREF remained flat at $0.08 during trading on Friday. The company had a trading volume of 7,760 shares, compared to its average volume of 61,125. The stock has a market capitalization of $16.65 million, a P/E ratio of -0.03 and a beta of 1.83. Corus Entertainment has a fifty-two week low of $0.06 and a fifty-two week high of $0.78. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 2.25. The firm’s fifty day simple moving average is $0.11 and its 200-day simple moving average is $0.16.

About Corus Entertainment

Corus Entertainment Inc, a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates in two segments, Television and Radio. The Television segment consists of specialty television networks, conventional television stations, digital and streaming platforms, a social digital agency, and a social media creator network; and provides technology and media services.