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

Megacable Holdings, S. A. B. de C. V. (OTCMKTS:MHSDF) was the target of a significant 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 trading volume, of 18,182 shares, the days-to-cover ratio is presently 27.8 days. Based on an average daily trading volume, of 18,182 shares, the days-to-cover ratio is presently 27.8 days.

Megacable Holdings, S. A. B. de C. V. Trading Up 17.8%

OTCMKTS MHSDF traded up $0.47 during trading hours on Thursday, reaching $3.09. 14,700 shares of the company traded hands, compared to its average volume of 6,704. Megacable Holdings, S. A. B. de C. V. has a 12 month low of $2.01 and a 12 month high of $3.37. The company has a 50 day moving average of $2.92 and a two-hundred day moving average of $2.98.

Megacable Holdings, S. A. B. de C. V. Company Profile

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.