Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Sees Significant Increase in Short Interest

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 629,300 shares, a growth of 4,631.6% from the August 31st total of 13,300 shares. Based on an average trading volume of 3,100 shares, the short-interest ratio is presently 203.0 days.

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

Shares of MHSDF remained flat at $2.08 on Wednesday. Megacable Holdings, S. A. B. de C. V. has a 52 week low of $1.91 and a 52 week high of $3.25. The business’s 50-day moving average price is $2.28 and its 200-day moving average price is $2.66.

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

Megacable Holdings SAB de CV engages in the provision of telecommunications services. It operates through the following segments: Cable, Internet, Telephony, Business, and Others. The Cable segment offers subscription for basic, premier, lifeline, mini-basic video, advertising sales, and other services.