MediaCo Holding Inc. (NASDAQ:MDIA) Sees Large Increase in Short Interest

MediaCo Holding Inc. (NASDAQ:MDIA) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 545,700 shares, an increase of 25,885.7% from the March 31st total of 2,100 shares. Based on an average daily volume of 3,890,000 shares, the short-interest ratio is presently 0.1 days.

MediaCo Trading Down 7.0 %

Shares of MediaCo stock traded down $0.14 during trading on Thursday, reaching $1.85. The stock had a trading volume of 64,859 shares, compared to its average volume of 3,243,713. The company has a market capitalization of $48.12 million, a price-to-earnings ratio of -1.10 and a beta of 0.55. The stock has a fifty day moving average price of $1.23 and a two-hundred day moving average price of $0.80. MediaCo has a 52 week low of $0.40 and a 52 week high of $6.86.

MediaCo Company Profile

MediaCo Holding Inc owns and operates radio stations in the United States. The company engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. It also offers digital advertising, and events, which includes sponsorships, ticket sales, licensing, and syndication services.