Short Interest in Thunderbird Entertainment Group Inc. (OTCMKTS:THBRF) Increases By 428.6%

Thunderbird Entertainment Group Inc. (OTCMKTS:THBRF) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 7,400 shares, a growth of 428.6% from the March 15th total of 1,400 shares. Based on an average daily volume of 12,500 shares, the short-interest ratio is presently 0.6 days.

Shares of THBRF stock opened at $4.19 on Thursday. The company has a fifty day moving average price of $3.49. Thunderbird Entertainment Group has a twelve month low of $0.60 and a twelve month high of $4.21.

Separately, Canaccord Genuity increased their price objective on shares of Thunderbird Entertainment Group from $3.25 to $5.00 and gave the stock a “buy” rating in a research report on Friday, February 26th.

Thunderbird Entertainment Group Company Profile

Thunderbird Entertainment Group Inc operates as a multi-platform media production, distribution, and rights management company in Canada, the United States, the United Kingdom, Denmark, the Republic of Ireland, China, France, and internationally. Its programs cover various genres with a focus on children's productions, scripted comedy and drama, and non-scripted content.

Featured Story: Trading Ex-Dividend Strategy

Receive News & Ratings for Thunderbird Entertainment Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thunderbird Entertainment Group and related companies with MarketBeat.com's FREE daily email newsletter.