Helios Towers plc (OTCMKTS:HTWSF) Sees Large Decline in Short Interest

Helios Towers plc (OTCMKTS:HTWSF) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 7,645 shares, a decrease of 82.6% from the November 30th total of 43,832 shares. Based on an average daily volume of 5,568 shares, the short-interest ratio is currently 1.4 days. Based on an average daily volume of 5,568 shares, the short-interest ratio is currently 1.4 days.

Helios Towers Price Performance

OTCMKTS HTWSF traded up $0.04 during trading on Friday, hitting $2.24. 4,214 shares of the company traded hands, compared to its average volume of 11,796. Helios Towers has a 12 month low of $1.07 and a 12 month high of $2.24. The business has a fifty day simple moving average of $2.08 and a 200 day simple moving average of $1.86.

About Helios Towers

Helios Towers is a leading independent telecommunications tower company that develops, owns and operates mobile infrastructure across key emerging markets. The company’s core business involves building and managing shared passive infrastructure, including tower sites, rooftop installations and related equipment shelters. By leasing space on its towers to multiple mobile network operators, Helios Towers enables its customers to expand network coverage, enhance service quality and optimize capital expenditure.

Founded in 2007 and headquartered in London, Helios Towers has grown through a combination of greenfield developments and acquisitions.