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

Corus Entertainment Inc. (OTCMKTS:CJREF) saw a large decline in short interest during the month of 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 volume of 88,200 shares, the days-to-cover ratio is presently 35.0 days.

Wall Street Analysts Forecast Growth

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

Corus Entertainment Price Performance

CJREF opened at $0.16 on Thursday. The company has a market capitalization of $31.76 million, a P/E ratio of -0.10 and a beta of 1.75. The company has a 50-day moving average of $0.28 and a 200-day moving average of $0.47. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.65 and a current ratio of 0.65. Corus Entertainment has a 1-year low of $0.09 and a 1-year high of $1.25.

Corus Entertainment (OTCMKTS:CJREF) last posted its quarterly earnings results on Friday, April 12th. The company reported ($0.02) EPS for the quarter. The firm 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%.

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.