Short Interest in Helios Towers plc (OTCMKTS:HTWSF) Decreases By 82.6%

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

Helios Towers Stock Performance

Helios Towers stock remained flat at $2.24 during midday trading on Friday. 1 shares of the company traded hands, compared to its average volume of 11,796. Helios Towers has a one year low of $1.07 and a one year high of $2.24. The stock has a 50-day moving average of $2.08 and a two-hundred day 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.