Corus Entertainment Inc. (OTCMKTS:CJREF – Get Free Report) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totalling 3,564,300 shares, an increase of 6.5% from the June 30th total of 3,346,200 shares. Based on an average daily trading volume, of 230,700 shares, the short-interest ratio is currently 15.4 days.
Analysts Set New Price Targets
Separately, Scotiabank lowered shares of Corus Entertainment from a “hold” rating to a “strong sell” rating in a report on Monday, June 10th.
View Our Latest Report on Corus Entertainment
Corus Entertainment Stock Performance
Corus Entertainment (OTCMKTS:CJREF – Get Free Report) last released its quarterly earnings results on Monday, July 15th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $243.51 million during the quarter. Corus Entertainment had a positive return on equity of 1.27% and a negative net margin of 51.50%.
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.
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