Corus Entertainment Inc. (OTCMKTS:CJREF) Short Interest Update

Corus Entertainment Inc. (OTCMKTS:CJREF) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 3,087,600 shares, a decline of 6.0% from the May 31st total of 3,283,700 shares. Based on an average daily trading volume, of 88,200 shares, the short-interest ratio is presently 35.0 days.

Wall Street Analyst Weigh In

Separately, Scotiabank lowered shares of Corus Entertainment from a “hold” rating to a “strong sell” rating in a research report on Monday, June 10th.

Corus Entertainment Stock Performance

OTCMKTS CJREF opened at $0.11 on Wednesday. Corus Entertainment has a fifty-two week low of $0.09 and a fifty-two week high of $1.25. The stock has a market cap of $21.83 million, a price-to-earnings ratio of -0.07 and a beta of 1.75. The business has a fifty day moving average of $0.28 and a 200-day moving average of $0.47. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 2.25.

Corus Entertainment (OTCMKTS:CJREF) last released its quarterly earnings results on Friday, April 12th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $222.79 million during the quarter. Corus Entertainment had a positive return on equity of 9.65% and a negative net margin of 29.80%.

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.