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

Corus Entertainment Inc. (OTCMKTS:CJREF) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 1,822,300 shares, a growth of 11.9% from the September 30th total of 1,628,900 shares. Based on an average daily trading volume, of 17,700 shares, the short-interest ratio is currently 103.0 days.

Corus Entertainment Stock Performance

Shares of CJREF stock remained flat at $0.09 during mid-day trading on Wednesday. The company’s stock had a trading volume of 1,001 shares, compared to its average volume of 57,410. Corus Entertainment has a 12 month low of $0.06 and a 12 month 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 company has a market capitalization of $17.65 million, a PE ratio of -0.06 and a beta of 1.79. The firm’s 50-day moving average price is $0.12 and its two-hundred day moving average price is $0.18.

Corus Entertainment Company Profile

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.