Short Interest in Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) Drops By 55.3%

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 217,200 shares, a drop of 55.3% from the February 13th total of 486,300 shares. Based on an average daily trading volume, of 10,700 shares, the days-to-cover ratio is currently 20.3 days.

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

OTCMKTS MHSDF opened at $2.13 on Friday. Megacable Holdings, S. A. B. de C. V. has a fifty-two week low of $1.68 and a fifty-two week high of $3.25. The stock has a 50 day simple moving average of $1.95 and a two-hundred day simple moving average of $1.99.

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.