Heritage Media shares jumped 15.8% to $0.22 on strong earnings and revenue, despite a negative P/E ratio.

Heritage Media (OLVI) shares rose 15.8% to $0.22 on January 16, 2026, on heavy trading volume, following a report of $0.01 earnings per share and $18.07 million in revenue for the third quarter ended November 13, 2025. The stock’s short interest increased 57.9% in December, though it remains at 0.0% of shares outstanding. The company, based in Calgary, Canada, has a market cap of $141.84 million and a negative P/E ratio of -7.33.