Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF – Get Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 271,371 shares, a drop of 64.4% from the July 30th total of 761,733 shares. Based on an average daily trading volume, of 22,700 shares, the short-interest ratio is presently 12.0 days.
Megacable Holdings, S. A. B. de C. V. Stock Performance
OTCMKTS:MHSDF opened at $3.35 on Friday. Megacable Holdings, S. A. B. de C. V. has a 52 week low of $3.15 and a 52 week high of $3.61. The company has a fifty day simple moving average of $3.40 and a two-hundred day simple moving average of $3.48.
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.
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