Short Interest in Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Grows By 75.8%

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 505,385 shares, a growth of 75.8% from the December 15th total of 287,556 shares. Based on an average daily volume of 18,182 shares, the days-to-cover ratio is presently 27.8 days. Based on an average daily volume of 18,182 shares, the days-to-cover ratio is presently 27.8 days.

Megacable Holdings, S. A. B. de C. V. Stock Performance

MHSDF stock remained flat at $2.62 during trading on Friday. The company has a 50 day moving average price of $2.92 and a 200 day moving average price of $2.98. Megacable Holdings, S. A. B. de C. V. has a 52-week low of $2.01 and a 52-week high of $3.37.

About Megacable Holdings, S. A. B. de C. V.

Megacable Holdings, SAB. de C.V. is a leading Mexican telecommunications and media company specializing in the provision of cable television, broadband internet and fixed-line telephony services. Headquartered in Guadalajara, Jalisco, the company operates a multi-service network platform across urban and suburban markets.

The firm’s core offerings include digital and high-definition cable television packages, on-demand content solutions such as pay-per-view and streaming services, as well as broadband internet access delivered via a hybrid fiber-coaxial network.